Www.fmc.gov.in docs annual report_ar 2010-11

GOVERNMENT OF INDIA

FORWARD MARKETS COMMISSION

MINISTRY OF CONSUMER AFFAIRS

FOOD AND PUBLIC DISTRIBUTION

DEPARTMENT OF CONSUMER AFFAIRS

ANNUAL REPORT 2010-11

EVEREST, 3RD FLOOR. 100, MARINE DRIVE,

MUMBAI 400 002

OCTOBER 2011

CONTENTS

Chapter No. Contents Page No

I Introduction 1

II Developments in the Commodity Derivative

Market

12

III Commodity Futures Market in 2010-11 – A

Review

22

IV Action Against Illegal Forward Trading 43

V Administration and Budget 46

ANNEXURES

Annexure No.

Details Page. No

I List of Commodities Notified Under Section 15

of the F. C. (R.) Act, 1952.

50

II List of Exchanges. 51

III-A Trading Permissions Granted to the National

Exchanges.

53

III-B Trading Permissions Granted to the Regional

Exchanges.

57

IV Open Interest Limits in Agri commodity

contracts.

61

V Open Interest Limits in Non-Agri commodity

contracts.

62

VI Guidelines for fixation of Due Date Rate for

commodity specific (Regional) exchanges.

63

VII-A Details of Awareness Programmes. 64

VII-B State wise summary of awareness programmes 98

VIII Details of Capacity Building Programmes 99

1

CHAPTER 1

Commodity Futures Markets

INTRODUCTION

History: 1.1 The commodity futures market in India dates back to more than a century. The first

organized futures market was established in 1875, under the name and style of 'Bombay Cotton

Trade Association' to trade in cotton derivative contracts. This was followed by institutions for

futures trading in oilseeds, foodgrains, etc. The futures market in India underwent rapid growth

between the period of First and Second World Wars. As a result, before the outbreak of the

Second World War, a large number of commodity exchanges trading futures contracts in several

commodities like cotton, groundnut, groundnut oil, raw jute, jute goods, Castorseed, wheat, rice,

sugar, precious metals like gold and silver were flourishing throughout the country. In view of the

delicate supply situation of major commodities in the backdrop of war efforts mobilization,

futures trading came to be prohibited during the Second World War under the Defence of India

Act. After independence, especially in the second half of the 1950s and first half of 1960s, the

commodity futures trading again picked up and there were thriving commodity markets.

However, in mid-1960s, commodity futures trading in most of the commodities came to be

banned and futures trading continued only in two minor commodities, viz, pepper and turmeric.

In the 1980s, the futures trading in some commodities like potato, Castorseed, and gur (jaggery)

was permitted. In 1992, futures trading in hessian were permitted; in April 1999 futures trading

in various edible oilseed complexes were permitted and in May 2001 futures trading in Sugar

were permitted. The National Agricultural Policy announced in July 2000 recognised the positive

role of forward and futures market in price discovery and price risk management. In pursuance

thereof, Government of India, by a notification dated 1.4.2003, permitted additional 54

commodities for futures trading. With the issue of this notification, prohibition on futures trading

has been completely withdrawn. The mechanism of forward trading has actually developed and

advanced considerably in the major trading nations of the world, like USA, UK, France, Japan,

etc. In these countries, forward trading has been permitted in many new items/services including

financial futures, shipping freights and interest rates etc. In comparison, commodity futures

markets in India are much simpler and are at present dealing in single futures contracts in

commodities.

Economic Functions:

1. 2 In a free market economy, Futures trading performs two important economic functions,

viz., price discovery and price risk management. Such trading in commodities is useful to all

sectors of the economy. The forward prices give advance signals of an imbalance between

demand and supply. This helps the government and the private sector to make plans and

arrangements in a shortage situation for timely imports, instead of having to rush in for such

imports in a crisis-like situation when the prices are already high. This ensures availability of

adequate supplies and averts spurt in prices. Similarly, in a situation of a bumper crop, the early

price signals emitted by futures market help the importers to defer or stagger their imports and

exporters to plan exports, which avoid glut situations and ensures remunerative prices to the

producers. At the same time, it enables the importers to hedge their position against commitments

made for import and exporters to hedge their export commitments. As a result, the export

competitiveness of the country improves.

Benefits to the farmers and other stakeholders:

1. 3 Farmers and growers also benefit through the price signals emitted by the futures markets

even though they may not directly participate in the futures market. The futures markets, through

advance price discovery lead to a shift in sale-purchase patterns during harvest and lean seasons

2

and thereby facilitate reduction in the amplitude of seasonal price variation and help the farmer

realize somewhat better price at the time of harvest. These price signals help the farmer in

planning his cultivation in advance as well as to determine the kind of crop which he should

prefer to raise. These signals also help him in fine tuning his marketing strategy after the harvest.

Empowered with the price information, the farmer is able to avoid excess sale immediately after

the harvest and is also able to bargain for better prices from trade in the mandi. By providing the

manufacturers and the bulk consumers a mechanism for covering price-risks, the futures market

induces them to pay higher price to the producers, as the need to pass on the price-risk to farmers

is obviated. The manufacturers are able to hedge their requirement of the raw materials and as

also their finished products. This results in greater competition in the market and ensures viability

of the manufacturing units.

Suitability of a commodity for futures trading: 1.4 Futures trading can be organized in those commodities/ markets which display some

special features. The concerned commodity should satisfy certain criteria as listed below:

a) the commodity should be homogenous in nature, i.e., the concerned commodity

should be capable of being classified into well identifiable varieties and the price of

each variety should have some parity with the price of the other varieties;

b) the commodity must be capable of being standardized into identifiable grades;

c) supply and demand for the commodity should be large and there should be a large

number of suppliers as well as consumers;

d) the commodity should flow naturally to the market without restraints either of

government or of private agencies;

e) there should be some degree of uncertainty either regarding the supply or the

consumption or regarding both supply and consumption,

f) the commodity should be capable of storage over a reasonable period of time.

Participants in the Commodity Futures Markets:

1. 5 There are three broad categories of participants in the futures markets, namely, hedgers,

speculators and arbitrageurs. Hedgers are those who have an underlying interest in the specific

delivery or ready delivery contracts and are using futures market to insure themselves against

adverse price fluctuations. Examples could be stockists, exporters, producers, etc. They require

some people who are prepared to accept the counter-party position. Speculators are those who

may not have an interest in the ready contracts, i.e., the underlying commodity, etc. but see an

opportunity of price movement favourable to them. They are prepared to assume the risk which

the hedgers are trying to transfer in the futures market. They provide depth and liquidity to the

market. While some hedgers from demand and supply side may find matching transactions, they

by themselves cannot provide sufficient liquidity and depth to the market. Hence, the speculators

who are essentially expert market analysts take on the risk of the hedgers for future profits and

thereby provide a useful economic function and are an integral part of the futures market. It

would not be wrong to say that in the absence of speculators, the market will not be liquid and

may at times collapse. Arbitrageurs are those who make simultaneous sale and purchase in two

markets so as to take benefit of price imperfections. In the process they help, remove the price

imperfections in different markets, For example, the arbitrageurs help in bringing the prices of

contracts of different months in a commodity in alignment.

System of Regulation of Forward Trading:

1.6 Regulation of forward trading is done through a three tier regulatory structure, viz., the

Central Government, Forward Markets Commission and the Recognized Commodity Exchanges

/ Associations.

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• The Central Government has the powers to legislate on the subject of forward trading

in commodities. Presently, the subject is dealt with by the Ministry of Consumer

Affairs, Food and public Distribution in the Central Government. The Central

Government broadly determines the policy relating to areas such as identification of

commodities as well as the territorial area in which futures / forward trading can be

permitted and giving recognition to the Exchange / Association through which such

trading is to be permitted.

• The Forward Markets Commission performs the role of approving the Rules and

Regulations of the Exchange accordance to which trading is to be conducted, accords

permission for commencement of trading in different contracts, monitors market

conditions continuously and takes remedial measures wherever necessary.

• The Recognized Exchange / Associations provide the framework of Rules and

Regulations for conduct of trading, indicate the place where the trading can be

conducted, report, record, execute & settle contracts, provide forum for exchange of

documents and payments, etc.

Forward Contracts (Regulation) Act:

1. 7 The Commodity Future Markets are regulated according to the provisions of Forward

Contracts (Regulation) Act 1952. The Act broadly divides commodities into 3 categories, i.e.

commodities in which forward trading is prohibited, commodities in which forward trading is regulated and residuary commodities. Under Section 17 of the FC(R) Act, 1952, the

Government has powers to notify commodities, in which forward trading is prohibited in whole

or part of India. Any forward trading in such commodities in the notified area is illegal and any

person who contravenes the provisions of section 17 shall be liable to penal action. Under

Section 15, Government has powers to notify commodities in which forward trading is regulated

as also the area in which such regulation will be in force. Once a commodity is notified under

section 15, the forward trading in such contracts (other than Non-transferable Specific Delivery

Contracts) can be entered into only between members of the recognized association or through or

with any such member. Contracts other than these are illegal. Section 6 of the Act provides

powers to the Central Government to grant recognition to an association for organizing forward

contracts in the commodity which is notified under Section 15. Such recognition may be for a

specified period or may remain in force till revoked under Section 7 of the Act. Section 18(1)

exempts the Non-Transferable Specific Delivery Contracts from the purview of regulation.

However, under Section 18(3) of the Act, the Government has powers to prohibit or regulate the

non-transferable specific delivery contracts in commodities also by issue of a notification. Such

notifications may apply for the whole of the country or the specified part of the country. Trading

in commodities where non-transferable specific delivery contracts are prohibited is illegal and

any person who does such illegal trading shall be liable to penal action. Trading in non-

transferable specific delivery contracts in respect of regulated commodities has to be through

recognized associations just as in the case of other forward contracts. The commodities that are

notified neither under section 15 nor under section 17 of the Act are in common parlance referred

to as free commodities. For organized forward trading in such commodities, the concerned

Association or Exchange has to get a certificate of registration under Section 14B of the Act from

the Forward Markets Commission.

1. 8 The Act defines three types of contracts i.e. ready delivery contracts, forward contracts

and options in goods.

1.8.1 Ready delivery contracts are contracts for delivery of goods and payment of price

therefor where both the delivery and payment are completed within 11 days from the date of the

contract. Such contracts are outside the purview of the Act.

1.8.2 Forward Contracts, on the other hand, are contracts for delivery of goods where

4

delivery or payment or both takes place after 11 days from the date of contract or where the

contract is performed by any other means as a result of which actual tendering of goods for the

payment of the full price therefor is dispensed with.

1.8.3 The forward contracts are further of two types, viz., specific delivery contracts and 'other than specific delivery contracts'. The specific delivery contracts are those where

delivery of goods is mandatory though delivery takes place after a period longer than 11 days.

Specific delivery contracts are essentially merchandising contracts entered into by the parties for

actual transactions in the underlying commodity and terms of contract may be drawn to meet

specific needs of parties as against standardized contracts like terms in futures contracts.

1.8.4 The specific delivery contracts are again of two sub-types viz., the transferable variety

where rights and obligations under the contracts are capable of being transferred and the non-transferable variety where rights and obligations are not transferable.

1.8.5 Forward contracts other than specific delivery contracts are what are generally known as

'futures contracts' though the Act does not specifically define the futures contracts. Such

contracts can be performed either by delivery of goods and payment thereof or by entering into

offsetting contracts resulting into payment or receipt of amount based on the difference between

the rate of entering into contract and the rate of offsetting contract. Futures contracts are usually

standardized contracts where the quantity, quality, date of maturity, place of delivery are all

standardized and the parties to the contract only decide on the price and the number of units to be

traded. Futures contracts are entered into through the Commodity Exchanges.

1.8.6 ‘Options’ in goods means an agreement, by whatever name called, for the purchase or

sale of a right to buy or sell, or a right to buy and sell, goods in future and includes a put, a call, or

a put and call in goods. Options in goods are prohibited under the present Act. An option

contract is the right (but not the obligation) to purchase or sell a certain commodity at a pre-

arranged price (the "strike price") on or before a specified date. For this contract, the buyer or

seller of the option has to pay a price to his counterpart at the time of contracting, which is called

the "premium; if the option is not used, the premium is the maximum cost involved. When prices

move unfavorably, this right will not be exercised, and therefore, the purchase of options provides

protection against unfavourable price movements, while permitting to profit from favourable

ones. Option can give the right to buy or sell a certain amount of physical commodity, or, more

commonly, they can give the right to buy or sell a futures contract.

1.9 Working of Forward Markets Commission:

1.9.1 Forward Markets Commission is a statutory body set up under Forward Contracts

(Regulation) Act, 1952. The Commission functions under the administrative control of the

Ministry of Consumer Affairs, Food & Public Distribution, Department of Consumer Affairs, and

Government of India. The functions of the FMC are dealt with in section 4 of the Forward

Contracts (Regulation) Act, 1952 [F.C(R) Act, 1952] which is given below:

i. to advise the Central Government in respect of the recognition of, or the withdrawal of

recognition from any association or in respect of any other matter arising out of the

administration of the FC(R) Act, 1952.

ii. to keep forward markets under observation and to take such action, in relation to them as

it may consider necessary, in exercise of the powers assigned to it by or under the FC(R)

Act, 1952.

iii. to collect and whenever the Commission thinks it necessary, publish information

regarding the trading conditions in respect of goods to which any of the provisions of this

Act is made applicable, including information regarding supply, demand and prices and

to submit to the Central Government periodical reports on the operation of the Act, and

the working of forward markets relating to such goods.

5

iv. to make recommendations generally, with a view to improving the organization and the

working of forward markets.

v. to undertake the inspection of the accounts and other documents of (any recognized

association or registered association or any member of such association) whenever, it

considers it necessary and

vi. to perform such other duties and exercise such other powers as may be assigned to the

Commission by or under the FC(R) Act, 1952 or as may be prescribed.

1.9.2 Section 4A of the FC (R) Act, 1952 deals with the powers of the Commission which

are as follows:

� The Commission have all the powers of a civil court under the Code of Civil Procedure

1908 (5 of 1908) while trying a suit in respect of the following matters:

● Summoning and enforcing the attendance of any person and examining him on

oath;

● Requiring the discovery and production of any documents;

● Receiving evidence on affidavits;

● Requisitioning any public record or copy thereof from any office;

● Any other matter which may be prescribed.

1.9.3 The Commission, thus, is a statutory authority entrusted with regulatory functions under

the Act. The Commission consists of a Chairman and two members. Presently, Shri. Ramesh

Abhishek, IAS is officiating as the Chairman of the Commission. Shri. D. S. Kolamkar, IES is the

Member of the Commission. It has its headquarters at Mumbai and a Regional Office at Kolkata.

Forward Markets Commission has 5 Divisions to carry out various tasks. These Divisions were

formed on 1st August 2005 in order to streamline the work on a functional basis.

i) Markets, Trading and Development (Market Division)

ii) Market Intelligence, Monitoring & Surveillance ( M & S Division )

iii) Awareness, Training and Intermediary Registration and IT

(IR Division)

iv) Investigation, Vigilance and Legal Affairs (Legal Affairs Division)

v) Commission Secretariat including HR, Administration and Finance, Grievances

(Administration Division)

Each Division is headed by a Director, assisted by Deputy Directors, Assistant Directors,

Economic Officers and Junior Research Assistants.

Regulatory Tools:

COMMISSION

Division – I Division of Markets,

Trading and

Development (Market

Division )

Division – II Market

Intelligence, Monitoring &

Surveillance (M& S

Division)

Division-IV Investigation, Vigilance and

Legal Affairs Division

(Legal Affairs

Division)

Division V Commission

Secretariat including HR, Administration & Finance

Grievances (ADM

Division)

Division – III Awareness,

Training and Intermediary Registration

and IT

6

1.10 Futures trading has the risk of being misused by unscrupulous elements. In order to

safeguard the market against such elements, regulatory measures as under are prescribed by the

Forward Markets Commission:-

(a) Limit on open position of an individual operator as well as member, to prevent over

trading;

(b) Limit on daily price fluctuation, to prevent abrupt upswing or downswing in prices;

(c) Additional Margins payable on outstanding purchases and sales to contain high

volatility in prices; (d) Special margin deposits to be collected on outstanding purchases or sales, to curb

excessive concentration of position;

(e) During times of shortages, the Commission may even take more stringent steps like skipping trading in certain deliveries of the contract, closing the markets for a

specified period and even closing out the contract to overcome emergency

situations.

1.11 Major Initiatives taken by the Government / Commission since liberalization of the

market.

� Prohibition on futures trading lifted in all the commodities on 1st April 2003.

� Three Multi-Commodity electronic Exchanges, i.e., National Multi Commodity

Exchange, Ahmedabad (10.1.2003), Multi Commodity Exchange, Mumbai (26.9.2003)

and National Commodity and Derivative Exchange, Mumbai (20.11.2003) were granted

recognition as 'National' Exchanges during 2003.

� Fourth National Exchange viz. Indian Commodity Exchange Limited (ICEX) was

granted recognition on the 9th October 2009 on permanent basis.

� On 14th May 2008, the Commission issued guidelines on setting up of new National

Multi Commodity Exchanges to further strengthen the infrastructure in Commodity

Derivative Market. Inter alia, it prescribed the framework for share holding pattern of a

new National Multi Commodity Exchang e. A fifth National Exchanges namely, ACE

Commodity and Derivative Exchanges was granted recognition on 10.8.2010. ACE

became a National Exchange by upgrading itself from a Regional Exchange.

� Improvement of Regulatory Framework and Re-structuring of Forward Markets

Commission. The F.C (R) Act enacted in 1952 does not fully meet the regulatory needs

of a modern electronic market. Hence, the regulatory framework needs to be overhauled

to bring it on par with those of similar regulators like SEBI, etc. and also to restructure

and strengthen the Forward Markets Commission to meet the regulatory challenges.

Hence, a Bill proposing amendments to F.C (R) Act has been introduced in the

Parliement which, inter alia, provides for –

• Defining forward contract so as to include other commodity derivatives, and

defining of intermediaries, etc.

• Revised composition and mandate of FMC.

• Financial and administrative autonomy of the Commission so as to provide for

recruitment of its officers and its employees, management of the affairs to vest

with the Chairman, accounts and audits, and creation of an ‘FMC General Fund’

to which all receivables except penalties will be credited. The FMC General

Fund shall be used for the management of the affairs of the Commission and to

enforce the provisions of the F.C(R) Act, 1952.

• Levying of fees on intermediaries to finance the Commission’s activities.

7

• Allowing trading of options and other derivatives in goods.

• Provide for corporatisation and demutualization of commodity exchanges.

• Strengthening the penal provisions.

• Constitution of Forward Markets Appellate Tribunal.

• Provision for grant by the Central Government to meet transitional financial

needs of FMC.

1.12 Major Initiatives taken by Forward Markets Commission during 2010-11.

• The Commodity Futures Market has witnessed rapid growth since the opening of

the market in 2002. National Commodity Exchanges have completed 7 years of

their operation in Commodity Derivatives market. The Commission from time to

time reviewed the market and suggested some amendments to the bye-laws of the

Exchanges; issued guidelines and directives to these Exchanges for better

governance, transparency and investor confidence.

• Notified ‘Iron Ore’ u/s 15 of the Forward Contracts (Regulation) Act, 1952 vide

notification dated 29th September, 2010.

• The Government amended the guidelines on the equity structure of Multi

Commodity Exchanges to be adopted after completing five years of their

operation. With this amendment, any single Stock Exchange along with the

persons acting in concert shall not hold more than 5% of the subscribed and paid

up equity capital of the said National Exchange.

• Amended guidelines for granting recognition to new Commodity Exchanges

under the Forward Contracts (Regulation) Act, 1952 putting restriction on

sharholding of single stock exchange to 5% of the subscribed and paid up equity

capital of national commodity exchange. The cumulative shareholding of Stock

Exchanges in the relevant National Commodity Exchange shall not be more than

10%.

• Issued guidelines for members of the Commodity Exchanges on 21st June 2010

for setting up Joint Ventures/ wholly owned subsidiaries abroad.

• In order to streamline regulation of intermediaries, the Commission issued

directives to the Exchanges to discontinue the system of sub-brokers and switch

over to the system of Authorised Person (AP), for giving market access to clients

trading in these markets through APs.

• To ensure market and financial integrity, the Commission issued directives to the

National Exchanges not to allow execution of trades without uploading the

Unique Client Code (UCC) details.

• Issued revised directives to the exchanges exempting delivery margins for the

market participants who have moved their goods to the Exchange warehouse.

• Issued revised directives to the National Exchanges for fixing the price limit on

the first day of the contract.

• Issued Directives on fixing Price limit on the first day of new contracts.

• Issued guidelines on fixation of Due Date Rates.

• On the recommendations of the Forward Markets Commission, the Ministry of

Consumer Affairs, Food and Public Distribution, Government of India, vide

Notification dated 10th August 2010, granted recognition to the Ahmedabad

Commodity Exchange, now rechristened as ACE Derivatives & Commodity

Exchange Limited (ACE) as a Nationwide Multi Commodity Exchange on

permanent basis in respect of forward contracts in all the commodities to which

Section 15 of the Forward Contracts (Regulation) Act, is applicable. With the

grant of recognition to this exchange the total number of national exchanges has

become Five. These exchanges can offer futures contracts in all the commodities

subject to the approval of the Commission. Besides these, 16 other exchanges

generally referred to as Regional Exchanges, are recognized for futures trading in

8

specific commodities.

• The Central Government granted in-principle approval to the Universal

Commodity Exchange Limited (UCX), Mumbai, on 25th August 2010 as a

Nationwide Multi Commodity Exchange, subject to the fulfilling of

commitments made / undertakings given to the Commission within the stipulated

time.

1.13 Collaboration with International Regulators:

In order to strengthen co-operation with international regulators, the FMC took steps for

collaborating with regulators in other countries. FMC is also an associate member of IOSCO, an

international organization of Security and Commodities Market Regulators. In addition, FMC has

also signed Memorandum of Understanding with the United States Commodity Futures Trading

Commission (USCFTC) and the China Securities Regulatory Commission (CSRC). The

Commission, in January 2010, had signed MOU with the Commissao de Valores Mobiliarios –

CVM (Securities and Exchange Commission of Brazil), Brazil.

1.14 Developmental Initiatives taken by Forward Markets Commission The Commission has taken the following steps in recent years to ensure that the markets

are broad based and its benefits reach all the stakeholders of the Commodity Markets.

• Increasing the awareness level of different categories of stakeholders especially farmers to make them aware of the existence of as well as benefits

from the futures markets, sensitization of policy makers and capacity building in the commodity sector.

• Working on various models of “Aggregation” to enable the farmers to take the

benefit of actual hedging on the Commodity Exchanges to manage their price

risks.

• Working on a project of Price Dissemination through APMCs and other centers

to empower the farmers with price information.

• Meeting with various stakeholders to understand their difficulties, problems

and felt needs so as to align/ design policies to feasible/ desirable objectives.

1.14.1. Creation of Awareness:

Creation of awareness amongst the farmers, related bodies and organizations including

the ones which could be potential hedgers / aggregators and other market constituents has been

one of the major activities of the Commission. During 2010-11, 829 awareness programmes were

organized for various stakeholders of the commodity futures market. Of this, 486 programmes

were held exclusively for farmers. In the previous year, (2009-10) 515 awareness programmes

were held, of which 423 were exclusively for the farmers. The programmes were conducted at

different locations all over the country. These awareness programmes were attended by different

category of market participants ranging from farmers, traders and members of Commodity

exchanges to bankers, cooperative personnel staff and students of Universities, Government

functionaries, warehouse professionals, agricultural extension workers, makers etc. These

awareness programmes have resulted in creating awareness among the various constituents about

commodity futures trading and the benefits thereof. The programmes were organized in

association with various organizations/universities having connectivity with the farmers, viz.

agricultural universities, NABCONS , farmer cooperatives and federations, GSKs, National &

Regional Base Commodity Exchanges, etc.

1.14.2 Sensitization of officers involved in policy making for Agricultural Sector:

9

Sensitization programmes have been organized by the Commission for senior State

Government and Central Government functionaries. During the year, sensitization programme

was organized at Noida Campus of IIM, Lucknow as against 5 programmes held in the previous

year. The objective of the programmes was to create awareness among the senior Central

Government and State Government officers from the Departments of Civil Supplies, Agriculture,

Cooperation, Marketing Federations, etc., about the concept and economic functions of the

futures market the possible role these can play to promote and facilitate participation by various

stakeholders, especially farmers, in the commodity futures market, and the use of price

information emanating from the futures market in their related policy making decisions.

1.14.3. Capacity Building /Training Programmes

FMC has been organizing training programmes for market constituents and their officers

as part of its capacity building endeavors. The capacity building efforts of the Forward Markets

Commission are meant to complement the awareness creation activities of the Commission.

Training on Commodity Futures Market is being imparted to policy makers, university staff,

students, extension workers, farmer federations, Cooperatives, banks and officers of agencies

working at the grass root level to enable them to educate market participants about the economic

significance of the market and means of participation in the market. Special training programmes

are being organized for trainers who may take up the responsibility of educating the farmers

about the futures market.

In the year 2010-11, FMC organized 79 capacity building programmes. The training

programmes, workshops and seminars were organized for the benefit of the functionaries of the

above organizations through various Institutes such as VAMNICOM, Pune; HAFED, Punjab

Agriculture University, Topic, Gurgaon, NIAM Jaipur; Pondicherry University, Tamil Nadu

Agricultural University, Coimbatore; Institute of Cooperative Management, Jaipur, NABCONS,

etc. Three Capacity Building Programmes were held for FMC officers and staff to strengthen

their capabilities in administration and regulation of market through Regional Training Centre,

Govt. of India Mumbai, Bombay Stock Exchange & Research Development Association, and

Jaipur. The programmes are expected to train functionaries of related organizations with a strong

rural presence and working directly or indirectly with farmers, so that the message of futures

market is taken to the grassroots- producers, processors and traders.

1.14.4 Promotion of commodity related education and developing a talent pool:

Due to the decline in number of persons having domain expertise over 2 generations on

account of ban on futures trading in the 1960s through the 1980s, at this juncture, the subject of

commodity futures trading is in a way a new subject in India. FMC and the Department of

Consumer Affairs had taken up the matter of introducing courses on Commodity Futures in

Universities and Management Institutes, with the Ministry of Human Resources Development,

Government of India.

The Commission is organizing awareness programmes for faculty and students of Agri-

university, management institutes of other colleges in the area of commodity future market to

create awareness and interest in the subject and also expose them to the employment opportunity

available in the sectors.

During 2009-10, the Commission provided summer internship to twelve students from

KIIT School of Management, Bhubaneswar, Orissa (2), the Indian Institute of Management,

Ahmedabad (IIM-A) (4), the IIT, Mumbai (1), the Department of Management Sciences,

University of Pune (1), Mahatma Gandhi Institute of Management, Sikar, Rajasthan (1) and N. L.

Dalmia Institute of Management Studies and Research, Mumbai (3).

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1.14.5 International training/conferences/meetings

During the year 2010-11, the officers of the Commission and the officers of the

Department of Consumer Affairs were nominated for various international training programmes,

and also attended international conferences/ meetings organized by International Organisations/

Regulatory bodies like IOSCO, FIA, CFTC in different countries of the world.

1.14.6 Exhibitions :

The Forward Markets Commission, in association with the National Exchanges,

participated in the Indian Science Congress Expo at SRM University, Chennai from 3-7 January

2011.

The Commission, in association with the National Exchanges also participated in

AGROVISION 2011 organized at Nagpur from 4-7 March, 2011 by the Vidarbha Economic

Development Council (VEDC). The participation in these Exhibitions was by way of setting up a

stall on benefits of commodity futures market to farmers. The stall attracted a lot of visitors and

helped in removing the mis-perceptions about the functioning and the impact of the futures

market.

1.14.7 Meetings with Stakeholders

The Commission conducted various meetings with different category of stakeholders of

the futures market to take feed back from them to improve the functioning of the futures markets.

The inputs received during these meetings were utilized while framing the regulatory policies in

the Commission. During the year, five meetings were conducted. Four meetings for the benefit

of Arbitrators of the national exchanges and one meeting for the Aggregators.

1.14.8 Aggregation Model for Farmers’ participation:

The Commission is making efforts through the National Exchanges to develop a model of

“aggregation”, so that various agencies, viz. Cooperatives, Farmers’ Associations, State

Marketing Federations, Non-Government Organizations and Banks would be able to act as

Aggregators and take consolidated positions on behalf of groups of farmers to facilitate their

hedging operation and transfer the benefit of futures trading to them. The Commission has also

taken up the issue with representatives of major cooperatives, marketing federations, NGOs,

Banks and other organizations having requisite domain knowledge and experience to act as an

interface and facilitator between the farmers and the futures market.

1.14.9 Project for Price Dissemination:

The Forward Markets Commission has, in association with the Commodity Exchanges,

initiated a process of dissemination of futures and spot prices of agricultural commodities at

various mandis, under the AGMARKNET. The FMC proposes to extend the project to post

offices, rural branches of the Banks, warehouses, offices of cooperatives and other areas

frequented by the farmers. The dissemination of price information is expected to help various

hedger groups, especially farmers, in their pre-sowing and post harvest decision making process

and hedging their price risks in the market. The project for dissemination of spot and futures

prices in agricultural commodities of relevance to particular States / areas / mandis is being

implemented in consultation with AGMARK. As on 31-03-2011, Price Ticker Boards have been

installed in 768 mandis spread across 23 States. During the year 2010-11, price ticker boards

were installed in 588 (including 33 in the North East Region) Mandis spread across 23 States. In

the previous year (2009-10), price ticker boards were installed in 183 mandis spread across 14

states.

11

It is proposed to install electronic price ticker Boards (conventional as well as GPRS

based) in 900 locations in the country during the year 2011-12. As there are insufficient APMCs

/ Mandis available for coverage under the project, the project is proposed to be extended to other

locations such as rural branches of commercial banks, branches of regional rural banks, co-

operative societies, agricultural universities and rural branches of post offices. The project is also

proposed to be extended to locations such as Panchayat Offices and small market yards which

may not have the requisite infrastructure capabilities for hosting the electronic price ticker boards. In addition to this, price tickers of the commodity exchanges are run during news telecasts on

Doordarshan. Besides, future prices discovered in the Exchanges are published in newspapers,

displayed in railway stations and bus stands. Thus, the opacity of prices that existed earlier has

reduced considerably and conditions have been created for better integration of various spot

markets across the nation.

1.15 Inspection of books of accounts of Exchanges and their members:

The Commission has been inspecting the books of accounts of the Exchange Members

particularly of 3 National level Commodity Exchanges, viz. MCX, Mumbai, NCDEX, Mumbai

and NMCE, Ahmedabad on a regular basis since 2006-07. During the F.Y. 2010-11, 280 new

audits of members of the National Commodity Exchanges were assigned. Besides, audit of 3

National Exchanges, 14 Regional Exchanges and 1 special audit was also assigned to the

Auditors.

CHAPTER - II

12

DEVELOPMENTS IN THE COMMODITY DERIVATIVE MARKET 2010-11

2.1 During the year 2010-11, forward trading in 113 commodities, as given in Annexure I,

was regulated at the 5 National Exchanges, viz. Multi Commodity Exchange, Mumbai; National

Commodity and Derivatives Exchange, Mumbai, National Multi Commodity Exchange,

Ahmedabad, Indian Commodity Exchange, Gurgaon, and ACE Derivatives & Commodity

Exchange Limited (ACE). Besides, there are 16 regional exchanges recognized for regulating

trading in various commodities approved by the Commission under the Forward Contracts

(Regulation) Act, 1952. A list of Commodity Exchanges is given in Annexure II.

2.2 The National Exchanges, with the adoption of modern technology, have spread the facility

of commodity futures trading across the country. The total value of trade for the financial year

2010-11 was ` 119.49 lakh crore as against ` 77.65 lakh crore in the preceding financial year,

registering a growth of 53.88 %. Bullion, base metals, energy products and agricultural

commodities were the major group of commodities traded at the exchanges. Amongst these, gold,

silver, copper, lead, Nickel, zinc, chana, soy oil, guarseed and crude oil were prominent

commodities traded during the year. The resurgence of agriculture commodities in the commodity

futures platform seen in the year 2009-10 continued in 2010-11. The total value of trade in

agricultural commodities during the year was ` 14.56 lakh crore as against ` 12.18 lakh crore in

2009-10 indicates a growth of 19.54% over the year. During the period, future trading was

permitted in a new commodity “Iron Ore” at MCX, Mumbai & ICEX, and Mumbai.

2.3 During 2010-11, the Commission focused its activities on the regulation of futures trading

in commodities, spreading awareness amongst the various stakeholders through various

awareness and capacity building programmes and implementation of the Price Dissemination

Project at APMC Mandis. The Commission also took steps to promote the participation of

hedgers through a series of regulatory and developmental initiatives.

2.4 In the coming years, the priority of the Commission will be to consolidate the market;

strengthen regulation to generate confidence amongst the participants and keep the market free

from manipulation and abuses; increase awareness among the stakeholders especially the farmers;

empower the farmers with price information and identify, encourage and facilitate intermediaries

such as aggregators to facilitate the participation of farmers in the market for hedging.

2.5 The endeavor of the Commission has been to prevent market manipulation and ensure

market integrity, financial integrity and customer protection.

The important developments in the commodity derivative market during 2010-11 are

enumerated below:

2.6 Important Developments in the Commodity Derivative Markets:

2.6.1 During 2010-11, forward trading was regulated in commodities at 21 recognized

exchanges. The break up of the total value of commodities traded stood as under-

• Bullion - ` 54.94 lakh crore (45.98%).

• Base metals - ` 26.88 lakh crore (22.50%).

• Energy products - ` 23.11 lakh crore (19.34%).

• Agricultural commodities- ` 14.56 lakh crore (12.19%).

2.6.2 Out of 21 recognized exchanges, Multi Commodity Exchange (MCX), Mumbai, National

Commodity and Derivatives Exchange (NCDEX), Mumbai, National Multi Commodities

Exchange, (NMCE), Ahmedabad, Indian Commodity Exchange, Ltd., Gurgaon, ACE Derivatives

and Commodity Exchange, Ahmedabad, National Board of Trade (NBOT), Indore, contributed

13

99.84% of the total value of the commodities traded during the year.

2.6.3 The share of various Exchanges in the total value of trade in 2010-11.

Value of the recognized Exchanges during 2010-11

Name of the Exchanges Value in ` Cr. % share to the total value of the

commodities traded during 2010-11.

MCX 98,41,502.90 82.36

NCDEX, Mumbai 14,10,602.21 11.81

NMCE, Ahmedabad 2,18,410.90 1.83

ICEX, Gurgaon 3,77,729.88 3.16

ACE, Ahmedabad @ 30,059.63 0.25

NBOT, Indore 51,662.06 0.43

Total of six Exchanges 1,19,29,967.58 99.84

Others 18,974.77 0.16

Grand Total 1,19,48,942.35 100

@ Value is inclusive of the value of trade at Ahmedabad Commodity Exchange, Ahmedabad.

% share of the commodity exchanges to the

total value of trade during the year 2010-11

(April-March) NBOT

0.43%ACE

0.25% ICEX

3.16%

MCX

82.36%

Others

0.16%NMCE

1.83%

NCDEX

11.81%

MCX NCDEX NMCE ICEX ACE NBOT Others

2.7 Regulatory initiatives taken by the Forward Markets Commission:

2.7.1 Grant of Recognition / Renewal of Recognition to the association / recognized

exchanges, grant of registration / renewal of registration to the recognized exchanges and grant of permission to trade in commodities.

a) Grant of recognition to ACE:

On recommendations of the Forward Markets Commission, the Ministry of Consumer

Affairs, Food and Public Distribution, Government of India, vide Notification dated 10th August

2010, granted recognition to the Ahmedabad Commodity Exchange, after its upgradation in to a

National Exchanges under the nomenclature ACE Derivatives & Commodity Exchange Limited

(ACE) on a permanent basis in respect of forward contracts in all the commodities to which

Section 15 of the Forward Contracts (Regulation) Act is applicable.

14

b) Renewal of Recognition to the Recognised Exchanges:

During the year, on the recommendations of the Commission, the Government of India

also renewed the recognition of the following Associations / Exchanges.

Sr.

No.

Name of the Exchange Period of renewal of Recognition

and the Commodities permitted

Date of

Notification

1. National Board of Trade,

Indore

1st June, 2010 to 31

st May, 2011

(Rapeseed/Mustardseed)

4th June,

2010


Indore

1st July, 2010 to 31

st October, 2010

(Soybean Seed, Refined Soy Oil

and Soy Meal.)

30th June,

2010


Indore

1st November, 2010 to 28

th

February, 2011 (Soybean Seed,

Refined Soy Oil and Soy Meal)

28th October,

2010

4. Bikaner Commodity

Exchange Ltd., Bikaner

20th January, 2011 to 31

st March,

2012. (Guarseed)

7th

December,

2010

5. Central India Commercial

Exchange Ltd., Gwalior

1st March, 2011 to 31

st March, 2012

21st January,

2011

6. Rajdhani Oils & Oilseeds

Exchange Ltd., Delhi


st March, 2012

(Rapessed/Mustardseed).

21st January,

2011


Indore


th February,

2013.(Soybean, Refined Soy oil &

Soy meal)

28th

February,

2011

8. East India Jute & Hessian

Exchange Ltd., Kolkata

1st April, 2011 to 31

st March 2012.

(TSD) in jute goods (Hessain and

sacking).

21st March,

2011

9. East India Jute & Hessian

Exchange Ltd., Kolkata

7th April, 2011 to 6

th April, 2012.

(Raw Jute (including mesta)

21st March,

2011.

10. Meerut Agro Commodities

Co. Ltd., Meerut


st March 2012.

(Gur)

21st March,

2011.

c) Details of Grant/Renewal of Registration granted to the Recognised Exchanges. The Commission, in pursuance of Section 14 B of the Forward Contracts (Regulation)

Act, 1952 (74 of 1952) granted Certificate of Registration to the ACE Derivatives and

Commodity Exchange Limited, Ahmedabad, which has been upgraded from commodity specific

Exchange to Nationwide multi-commodity exchange and recognized by the Government u/s 6 of

the FC (R) Act, 1952.

The Commission, in exercise of its powers conferred under Section 14(B) of the Forward

Contracts (Regulation) Act, 1952, extended the period of registration of the following

associations / Exchanges analogous to the period of recognition of the respective exchanges.

Sr. No.

Name of the Exchange Period of renewal of Registration and the Commodities permitted

Date of Issue of Registration

1 Rajkot Commodity

Exchange Ltd., Rajkot

15th March, 2010 to 14

th March ,

2011.

(Soyabean Oil)

12th April , 2010

2 Rajkot Commodity

Exchange Ltd., Rajkot


st March, 2013.

(Castorseed)

13th April , 2010

15

Sr. No.

Name of the Exchange Period of renewal of Registration and the Commodities permitted

Date of Issue of Registration




th January,

2011.(Guarseed)

13th April, 2010

4. Surendrangar Cotton Oil &

Oilseeds Association

Ltd.,Surendranagar


st March, 2011.

(Kapas)

21st April, 2010


Indore

1st July, 2010 to 31

st October, 2010

(Soybean Seed, Refined Soy Oil

and Soy Meal )

8th July, 2010


Indore

1st June, 2010 to 31

st May, 2011

(Rapessed/Mustardseed)

8th July, 2010


Indore

1st November, 2010 to 28

th

February, 2011 (Soybean Seed,

Refined Soy Oil and Soy Meal)

9th November, 2010




st March,

2012. (Guarseed)

3rd

January, 2011

9. Central India Commercial

Exchange Ltd., Gwalior


st March, 2012


7th February, 2011

10. Rajdhani Oils & Oilseeds

Exchange Ltd., Delhi


st March, 2012


3rd

March, 2011


Indore


th February,

2013.(Soybean, Refined Soy oil &

Soy meal)

25th March, 2011

d) Grant of permission for futures trading in commodities: During the year, the Commission granted permission for trading in commodities to the

recognized Associations/Exchanges as detailed in Annexure III(A) & (B).

e) In-principle approval for recognition to the Universal Commodity Exchange Limited (UCX), Mumbai as a Nationwide Multi Commodity Exchange

On the recommendation of the Commission, on 13th August, 2010, the Ministry granted

in-principle approval to the Universal Commodity Exchange Limited (UCX) for setting up of a

new Nationwide Multi Commodity Exchange.

2.7.2 Amendments to the Guidelines dated 14th

May 2008 for grant of recognition to new Commodity Exchanges under the FC(R) Act.

The Ministry, on 16th

June 2010 granted approval to the amendment to clause 5.3 (i) of

the Guidelines (dated 14th

May 2008) for grant of recognition to new Commodity Exchanges

under the FC(R) Act 1952. With this amendment, any single Stock Exchange along with the

persons acting in concert shall not hold more than 5% of the subscribed and paid up equity capital

of the said National Commodity Exchange. The cumulative shareholding of Stock Exchanges in

the relevant National Commodity Exchange shall not be more than 10%.

2.7.3 Amendments to the Guidelines dated 29th

July 2009 on the Equity Structure of the Nationwide Multi Commodity Exchanges after five years of operation.

The Government, on 9th July 2010, granted approval to the amendment to clause 3.3 and

3.4 of the Guidelines (dated 29th

July 2009) on the Equity Structure of the Nationwide Multi

Commodity Exchanges. With this amendment, after five years of operation, any single Stock

Exchange along with the persons acting in concert shall not hold more than 5% of the subscribed

16

and paid up equity capital of the said National Commodity Exchange. The cumulative

shareholding of Stock Exchanges in the relevant National Commodity Exchange shall not be

more than 10%. The said amendments were forwarded to the concerned National Exchanges on

16th July 2010, for their information and necessary action. The amended guidelines have also

been placed on the website of the Commission.

2.7.4 Permission / NOC to the MCX, Mumbai for its proposed IPO:

The Commission, on 22nd April 2010, granted permission / NOC to the Multi

Commodity Exchange of India Limited (MCX), Mumbai for its proposed IPO subject to certain

conditions and modification / revision in the Guidelines dated 29th July 2009 on the Equity

Structure of Nationwide Multi-Commodity Exchanges after five years of operation.

2.7.5 Transfer of equity shares

The Commission on 22nd

September, 2010, granted approval to NCDEX, Mumbai for the

transfer of 26, 25,000 (twenty-six lakh twenty-five thousand) equity shares at ` 145/- per equity

share (which constitutes 7% of the total paid-up capital of NCDEX) from CRISIL, a foreign

entity, to Shree Renuka Sugars Limited.

2.7.6 Introduction of new Anchor Investor

The Government on 23rd

September, 2010, granted approval to the proposal of ICEX for

induction of Reliance Exchangenext Limited (R-NEXT) as the new Anchor Investor in the Indian

Commodity Exchange Ltd. (ICEX) subject to the following conditions by transferring 26% of the

equity shares out of the 40% of the equity shares held by the India Bulls Financial Services Ltd

(IBFSL):

(a) that three years lock in period condition should be applied to the new anchor investor R-

NEXT afresh with effect from the date of Government approval i.e. 23rd

September,

2010.

(b) that in case MMTC exercises its right to stake a claim to 14% in ICEX in pursuance to its

right to first refusal, IBFSL will be bound to transfer its remaining 14% to MMTC at the

same price at which it is offered to R-NEXT.

2.7.7 Introduction of Jaypee Capital Services Ltd. as the Anchor Investor of NCDEX

The Commission on 7

th October, 2010, granted approval to the proposal of NCDEX (i) to

issue 1,13,40,000 (One crore thirteen lakh forty thousand) equity shares to Jaypee Capital

Services Ltd. and 18,36,000 (Eighteen lakh thirty-six thousand) equity shares to Shree Renuka Sugars Ltd. and (ii) for induction of the said Jaypee Capital Services Ltd. as the

Anchor Investor of the Exchange,

2.7.8 Investment by Bajaj Holdings and Investments Limited in the 24, 50,000 Equity Shares of the NMCE, Ahmedabad of ` ` ` ` 10 each at a price of `̀̀̀ 102 per share

The Commission, on 11

th October, 2010, granted approval to NMCE, Ahmedabad for

issuance of 24, 50,000 fresh equity shares, amounting to 12.82% of the post issue shareholding, to

Bajaj Holdings & Investment Limited.

2.7.9 Approval to Amendment to Bye-laws / Rules / Articles of recognized exchanges:

A. Approval of Bye-laws and Rules of ACE, Ahmedabad

17

The Commission On 22nd

October, 2010, granted approval to the Bye-Laws and the Rules of

the ACE Derivatives and Commodity Exchange Ltd.

B. Amendment to the Articles of Association of the NMCE, Ahmedabad The Commission, granted approval to the amendment to clause 64-A of the Articles of

Association, of the NMCE, Ahmedabad pertaining to capitalization of reserves and share

premium, realized from sale of capital assets.

C. Amendment to the Bye-Laws of MCX, Mumbai

The Commission approved the amendment to clause 11 of the Bye-laws 15 of the Bye-

laws of the Multi commodity Exchange Ltd., Mumbai specifying the period of one year to resolve

claims, differences and disputes referred to Arbitration.

2.8 Revision in Regulatory Measures:

The Commission kept a close watch on the trading activities in the commodity market

and took various steps from time to time by revising regulatory measures such as revision in the

special margins, additional margin, limit on open position, daily price limits, etc.

A. Revision in Special Margin:

2.8.1 At MCX Mumbai, Commission removed special margin of 15 % on longs and 5 % on

short open position in respect of Cardamom contracts and a 5 % additional margin in lieu of

special margin was imposed on both the sides w.e.f. 27.10.2010. This brought the total minimum

margins applicable on long & short sides of the cardamom contract to 10 %.

2.8.2 Similarly, a special margin of 10 % (5 % in cash) on long side of all Mentha oil contracts

was imposed, bringing the total minimum applicable margins on the long side of Mentha

contracts to 25 % (10 % additional, 10 % special & 5 % initial) and to 15 % (10 % additional and

5 % initial) on the short side.

2.8.3 Due to the volatility witnessed in Guar seed and Guar gum contracts, the NCDEX,

Mumbai imposed special margins of 10% on the long side in Guar seed and Guar Gum contracts

w.e.f. 26.11.2010. The Exchange further imposed a margin of another 10 % (out of which 5%

was to be collected in cash) on 13.12.2010. With this, the total special margin imposed on the

long side in Guar seed and Guar gum contracts traded at NCDEX stood at 20%.

2.8.4 Following the imposition of margins by NCDEX and with a view to bringing about

uniformity at the other two Exchanges, the Commission directed the Multi Commodity Exchange

Ltd., Mumbai and the National Multi Commodity Exchange Ltd., Ahmedabad to impose 20%

margins on Guar contracts traded on their exchange platform with effect from 13.12.2010.

2.8.5 In view of the volatility in the prices of Dhaniya, NCDEX, Mumbai, imposed special

margins of 5% on long open position in Dhaniya contracts w.e.f. 21st January 2011, (after the

expiry of January contract on 20.01.2011). As the Dhaniya contracts were also being traded at

MCX, the Commission, in order to bring uniformity in the margins at the National Exchanges,

also imposed additional margins of 5% on long open positions in Dhaniya contracts at MCX.

2.8.6 With a view to bringing uniformity in special margins on turmeric, the Commission, on

7.2.2011, withdrew the special margins imposed @ 5% on the long side in respect of the March,

April and May 2011 contracts of turmeric at NMCE, Ahmedabad. NCDEX, Mumbai had earlier

withdrawn this special margin on their running contracts.

2.8.7 In view of the volatility in the price of Kapas, NCDEX, Mumbai imposed special margin

18

on longs @ 5% on the Kapas contract. On a request from the Exchange, the Commission further

enhanced the margins by another 10% on the long side and conveyed its approval on 17.2.2011.

As the Kapas contracts were also being traded at the MCX, the Commission, in order to bring

uniformity in the margins at the National Exchanges, also imposed special margins @ 15% on the

long open positions in Kapas contracts at MCX

2.8.8 The prices of Mentha oil contracts traded at MCX, which were more or less steady during

the period 15.02.2011 to 12.03.2011, started rising following hectic trading activity on the

exchange platform. There was, however, no significant price movement in the spot market during

the corresponding period. After investigating the issue, the Commission directed the MCX on

21.03.2011 to impose additional special margin of 10 % (5 % in cash) on the long position of

March, 2011 & April, 2011 contracts with effect from 23.03.2011. The said margin was in

addition to the additional margins of 10 % (5 % in cash) on long & short side, special margin of

10 % (5 % in cash) on long side and initial margins which were already in force. With the

imposition of the additional special margin, the total margin on short position (inclusive of

additional, special & initial) applicable to all the Mentha contracts was 15 % ( 5 % in cash) and

35 % (15 % in cash) on long position of March, 2011 & April, 2011 contracts & 20 % (10 % in

cash) on long position in respect of other contracts.

2.8.9 NCDEX issued a circular on 8

th March, 2011, reducing the special margin payable on

longs from 20 % to 10% on Guarseed and Guar gum contracts with effect from 9th March, 2011.

In order to bring uniformity in special margin on Guarseed and Guar gum contracts, across

exchanges, the Commission on 8th March, 2011, reduced the special margin payable on longs

from 20% to 10% at the NMCE, Ahmedabad and MCX, Mumbai as well. With this revision in

the special margin, the total special margin (Including special cash margin) at the National

Exchanges for Guar gum & Guarseed contracts stands at 10 % on the long side.

B. Revision in the open position limits

2.8.10 The Commission, on 1st November 2010 revised upward the open position limits in

respect of Copper and Nickel contracts traded on the National Exchanges. The revised limits are

as under:

Commodity Aggregate OI (MT)

Member Client

Copper 20,000 MT or 15% of the market wide

open position whichever is higher

4000 MT

Nickel 2500 MT or 15% of the market wide open

position whichever is higher

500 MT

2.8.11 On the basis of the representations received by the Commission to revise open interest

limits of trades in commodities, and after evaluation of the contracts, the Commission on 25th

February, 2011 revised the Open Interest Limit both aggregate (all contracts) limits and delivery

(near) month limits – in respect of certain agricultural commodities with effect from 25th

February, 2011. The revised position limits are given in Annexure – IV.

2.8.12 The Commission also reviewed the open position limits in the non-agri contracts in the

light of the past performance of the contracts and the representations received from the

Exchanges and revised the open position limits for 19 contracts with effect from 11th March,

2011. The revised limits are given in Annexure – V.

19

2.8.13 Enhancement of hedge positions to the ITC Limited:

Based on the recommendations of the NCDEX, position limits on the short side in respect

of Soybean contracts to the ITC Limited was enhanced by the Commission, subject to certain

conditions. It was decided that the short hedge position allowed to the ITC Limited would not

exceed 2,00,000 MT or 15% of the total market open position, whichever is more, in all the

contracts of Soybean. The ITC was allowed to avail the above short hedge position limits in

Soyabean contracts till 30th September 2011.

2.9. Directives Issued to the National Exchanges:

2.9.1 Regulation of Intermediaries:

With a view to streamline the regulation of intermediaries, the Commission, on 28th July,

2010, issued directives to the exchanges on the “Regulatory Framework for Market Access

through Authorized Persons in Commodity Futures Markets”. The Commodity Futures

Exchanges were directed to discontinue the system of sub-brokers and switch over to the system

of Authorized Persons (APs) for giving market access to the clients trading in these markets

through the APs.

2.9.2 Early pay-in facility and Early Delivery System

a) The Commission revisited earlier directives (issued on 28th March 2007) with regard to

early-pay in facility in agri commodities on certain suggestions received from the market

participants and directed the National Exchanges on 18th October 2010, that they may exempt

charging delivery margins from the market participants who have moved their goods to the

Exchange warehouse. By these new directives, the earlier condition of giving compulsory

delivery intention after getting exemption from delivery margin has been dispensed with.

b) Impact of early delivery system on the trade pattern of Pepper, Mentha Oil, Rubber,

Soyabean, Soya Oil, Guarseed contracts was studied from time to time. The facility was extended

to Steel long contracts on 26th October 2010.

2.9.3 Fixing of Price limit on the first day of new contracts:

The Commission, after considering the operational difficulties experienced by the

National Exchanges for fixing of price limit on the first day of the contracts, issued revised

directives on 24th January 2011 to the National Exchanges as follows:

a) The Exchanges may take the weighted average price of the first half hour (the first

half hour of trading will not have any price limit) as the base price for fixing of price

limit for the first day of contract.

b) In case there is absence of trade during the first half hour, then the weighted average

price of the first one hour trade may be considered for the fixing of base price for

arriving at the price limit on the first day of the contract.

c) If there is no trading during the first hour of the day then the weighted average price

of the first 20 trades may be taken as the base price for fixing of daily price limit for

the first day of the contract.

d) The price limit for the rest of the day will be based on the base price arrived at as per

(a), (b), or (c) above as the case may be, with usual daily price limit on the base price

20

for the commodity, in that order of preference. The base price for the price-limit for

contracts other than near month contract, would also be fixed accordingly, except that

the first day for the contract would be the first day on which there is trading in those

contracts.

2.9.4 Fixation of Due Date Rate:

The Commission issued directives on 1st February, 2011 to the Commodity-Specific

(Regional) Exchanges on fixing of Due Date Rate for the contracts traded in their Exchange. The

guidelines issued are enclosed as Annexure – VI.

2.9.5 UCC details:

To ensure market and financial integrity in the commodity market, the Commission, on

7th March, 2011 directed the National Exchanges not to allow execution of trades without

uploading the UCC details including PAN numbers., address etc by the members of the

Exchange.

2.10 Developmental Measures:

The developmental measures taken by FMC during the year aimed at;

� Strengthening regulatory mechanism by regular interaction with various market

constituents.

� Increasing participation in the market by creating awareness of the practices prevalent

and the economic functions of the market.

� Building the capabilities of the futures industry in the country by attracting trained

manpower.

� The developmental initiatives of the FMC comprise conducting of awareness

programmes, meetings with stakeholders, conducting training programmes, tie ups with

educational institutions, conducting studies and collaboration with international

regulators.

2.10.1 Meeting with the various stakeholders/conferences:

The Commission conducted various meetings with different categories of stakeholders of

the futures market to take feed back from them to improve the functioning of the futures

markets. The inputs received during these meetings were utilized while framing the

regulatory policies in the Commission. Some important meetings held are as under:

� An awareness meet for the arbitrators of the National Exchanges in West Zone was held

at Mumbai on 28th July, 2010

� A meeting for the aggregators was held at Kochi on 12th August, 2010.

� An awareness meet for the arbitrators of the National Exchanges in North Zone was held

at New Delhi on 21st August, 2010.

� An awareness meet for the arbitrators of the National Exchanges in East Zone was held at

Kolkata on 26th November, 2010.

� An awareness meet for the arbitrators of the National Exchanges in South Zone was held

at Chennai on 17th December, 2010.

2.10.2 Awareness programmes.

During 2010-11, 829 awareness programmes were organized for various participants

such as farmers, processors, exporters; banks, cooperatives, members of exchanges and their

21

clients, students and faculty members, agricultural universities etc. Of these 486 programmes

were exclusively held for farmers. During 2009-10, 515 awareness programmes were held, out of

which 423 were exclusively held for the farmers. Details of awareness programmes held during

2010-11 are given in Annexure VII –A & B.

2.10.3 Training/Capacity Building Programmes:

The Commission has tied up with various training institutions for conducting training to

various segments of the trade. During the 2010-11, 79 training programmes were held for the

benefit of various functionaries and three programmes were held for FMC Officers and staff. The

details of the capacity building programmes held for various functionaries are given in

Annexure -VIII.

2.10.4 International training/conferences/meetings

During the year 2010-11, the officers of the Commission and the officers of the

Department of Consumer Affairs were nominated for various international training programmes,

and also attended international conferences/ meetings organized by International Organisations/

Regulatory bodies like IOSCO, FIA, CFTC in different countries of the world. The details of the

foreign visits of the officers of the Commission may be seen at Annexure- IX.

2.10.5 Registration of Members of the Recognized Exchange: The system of membership registration continued during the period (01-04-2010 to 31-

03-2011). The total number of members registered up to March 2011 is 5162. 250 intermediaries

are registered with the FMC, out of which 38 are warehouses and 212 are others (viz.Assayers,

Depository Participants, Clearing Banks & others.)

2.10.6 Inspection of books of accounts of Exchanges and their members:

The Commission has been inspecting the books of accounts of the Exchange Members

particularly of 3 National level Commodity Exchanges, viz. MCX, Mumbai, NCDEX, Mumbai

and NMCE, Ahmedabad on a regular basis since 2006-07. During the F.Y. 2010-11, 280 new

audits of members of the National Commodity Exchanges were assigned. Besides, audit of 3

National Exchanges, 14 Regional Exchanges and 1 special audit were also assigned to the

Auditors.

2.10.7 Attending to Client Complaints/Grievances

The Commission receives complaints from the clients registered with the Exchange

Members alleging unauthorized trades being executed by the Members in their account, contract

notes/account statements not being received from the members, misutilisation of clients’ money

etc. The complaints are forwarded to the respective exchanges for settling the grievances of the

clients expeditiously. During the year 2010-11, 64 complaints were redressed. During the same

period 103 fresh complaints were received. Several guidelines were also issued to the Exchanges

to streamline their systems of redressal of client’s grivences.

22

CHAPTER III

COMMODITY FUTURES MARKET IN 2010-11– A REVIEW

3. The Indian Commodity Futures Markets continued to grow, despite the suspension of

futures trading in a few agricultural commodities. During the year, 113 commodities were

regulated under the auspices of the recognized Exchanges. During 2010-11, 21 recognized

exchanges were functioning. Out of the 113 commodities, regulated by the FMC, in terms of

value of trade, Silver, Gold, Copper, Nickel, Zinc, Lead, Soy Oil, Guarseed, Chana, Pepper, and

Jeera were the prominently traded commodities.

The table below indicates the commodity wise/group wise volume and value of trade in

the commodity market during the year.

Volume of Trading and Value of Trade during the year 2010-11 in

Major Commodities

Volume of Trading – In lakh tonne

Value - In `̀̀̀ Crore

Sr.No Name of the Commodity 2010-11

Volume Value

A Bullion

i Gold 0.14 2700607.00

ii Silver 7.24 2793280.23

iii Platinum 0.0000002 4.89

Total for A 7.38 5493892.12

B Metals other than

Bullion

i Aluminum 110.17 114081.70

ii Copper 335.36 1239261.20

iii Lead 356.88 366422.24

iv Nickel 44.83 478789.31

v Steel 86.66 22759.03

Vi Tin 0.002 18.35

Vii Zinc 463.25 465375.27

viii Iron 12.56 965.89

Total for B 1409.72 2687672.99

C Agricultural commodities

i Chana/Gram 523.59 126158.29

ii Wheat 26.78 3316.88

iii Maize 16.36 1730.06

iv Soy Oil 617.15 345286.26

v Mentha Oil 6.21 60527.10

vi Guarseed 1056.04 254690.88

vii Guar Gum 83.15 49942.57

viii Potato 269.22 14428.17

23

Volume of Trading and Value of Trade during the year 2010-11 in

Major Commodities

Volume of Trading – In lakh tonne

Value - In `̀̀̀ Crore

Sr.No Name of the Commodity 2010-11

Volume Value

ix Chillis 11.31 8493.79

x Jeera(Cuminseed) 42.53 60864.48

xi Cordmom 0.77 10882.04

xii Pepper 42.25 84786.09

xiii Rubber

11.78 23846.92

xiv other agri 1461.21 411436i.10

Total for C 4168.35 1456389.62

D Energy 7220.12 2310958.58

E Other 0.00 29.04

Grand Total (A+B+C+D+E) 12805.57 11948942.35

Note: Natural Gas, Heating Oil & Gasoline Volumes are not included in

the Total Volume.

The details of major commodities traded in the top 5 Commodity Exchanges which

accounted for 99% of the total value of trade in 2010-11 are given below:-

I) MULTI COMMODITY EXCHANGE OF INDIA, MUMBAI (MCX)

During 2010-11, MCX accounted for 82.36% of the total value of trade in the commodity

market. In actual terms, the total value of trade in the MCX was ` 98.42 lakh crore. During the

year, 39 commodities were traded at the MCX platform amongst which predominant

commodities traded during the year were Silver, Gold, Crude Oil, Copper, Nickel, Zinc and Lead.

The total value of trade and percentage share of each of these predominantly traded commodities

at MCX, Mumbai in 2010-11 is given below:

TOTAL VOLUME & VALUE OF COMMODITIES TRADED AT MCX, MUMBAI 2010-11

S.NO COMMODITY VOLUME (IN

LAKH TONNES)

VALUE ( `̀̀̀ IN

CRORES)

SHARE OF VALUE TO

TOTAL

1 SILVER 6.97 2700017.25 27.44

2 GOLD 0.13 2469246.20 25.09

3 CRUDEOIL 6317.99 1764067.84 17.92

4 COPPER 309.80 1145074.86 11.64

5 NICKEL 43.55 464577.93 4.72

6 ZINC 388.87 389457.78 3.96

7 LEAD 300.60 306414.62 3.11

8 OTHER 515.40 602646.43 6.12

TOTAL 7839.71 9841502.91 100.00

24

@ Volume of trading of Natural Gas not included in the total as the Unit of trading is in mmBtu.

The graphical presentation of the percentage share of the prominently traded commodities at

MCX Mumbai is given below.

% SHARE OF THE VALUE OF THE COMMODITIES TRADED AT MCX,MUMBAI DURING April'2010

TO March' 2011

OTHER

6.12%LEAD

3.11%ZINC

3.96%

NICKEL

4.72%

COPPER

11.64%

CRUDEOIL

17.92%GOLD

25.09%

SILVER

27.44%

SILVER GOLD CRUDEOIL COPPER NICKEL ZINC LEAD OTHER

1. Silver

The ready price of Silver, which was quoted at ` 26,875 per kg on 31.03.2010, rose to

` 55,900 on 31.03.2011, showing a rise of 108%. In the futures section, the price which was

quoted at ` 26,935 per kg (May 2010 contract) on 31.03.2010 rose to ` 55,970 per kg (May 2011

contract) on 31.03.2011 showing a rise of 107.80%.

Spot & Futures prices of Silver at MCX

25000

27500

30000

32500

35000

37500

40000

42500

45000

47500

50000

52500

55000

57500

60000

31

-Ma

r-1

0

14

-Ap

r-1

0

28

-Ap

r-1

0

12

-Ma

y-1

0

26

-Ma

y-1

0

9-J

un

-10

23

-Ju

n-1

0

7-J

ul-

10

21

-Ju

l-1

0

4-A

ug

-10

18

-Au

g-1

0

1-S

ep

-10

15

-Se

p-1

0

29

-Se

p-1

0

13

-Oc

t-1

0

27

-Oc

t-1

0

10

-No

v-1

0

24

-No

v-1

0

8-D

ec

-10

22

-De

c-1

0

5-J

an

-11

19

-Ja

n-1

1

2-F

eb

-11

16

-Fe

b-1

1

2-M

ar-

11

16

-Ma

r-1

1

30

-Ma

r-1

1

Rs

. p

er

Kg

SPOT 5-May-10 5-Jul-10 4-Sep-10 4-Dec-10 5-Mar-11 5-May-11 5-Jul-11 5-Sep-11 5-Dec-11

The total quantity traded in all contracts of silver was 6.97462 Lakh tonnes valued at

` 2700017.249 crore.

2. Gold:

25

The ready price of Gold, which was quoted at ` 16300 per 10 gm on 31.03.2010 rose to

` 20760 on 31.03.2011, showing a rise of 27.36%. In the futures section, the price which was

quoted at ` 16295 per 10 gm (April 2010 contract) on 31.03.2010, rose to ` 20693 (April 2011

contract) per 10 gm on 31.03.2011 showing a rise of 26.99%.

Spot & Futures prices of Gold at MCX

16000

16500

17000

17500

18000

18500

19000

19500

20000

20500

21000

21500

22000

31-M

ar-

10

14-A

pr-

10

28-A

pr-

10

12-M

ay-1

0

26-M

ay-1

0

9-J

un-1

0

23-J

un-1

0

7-J

ul-10

21-J

ul-10

4-A

ug-1

0

18-A

ug-1

0

1-S

ep-1

0

15-S

ep-1

0

29-S

ep-1

0

13-O

ct-10

27-O

ct-10

10-N

ov-1

0

24-N

ov-1

0

8-D

ec-1

0

22-D

ec-1

0

5-J

an-1

1

19-J

an-1

1

2-F

eb-1

1

16-F

eb-1

1

2-M

ar-

11

16-M

ar-

11

30-M

ar-

11

Rs. per 10 G

m

SPOT 5-Apr-10 5-Jun-10 5-Aug-10 5-Oct-10 4-Dec-10 5-Feb-11 5-Apr-11 4-Jun-11

5-Aug-11 5-Oct-11

The total quantity traded in for all contracts of Gold traded was 0.12890 Lakh tonnes

valued at ` 2469246.201crore.

3. Crude Oil

The ready price of Crude Oil which was quoted at ` 3702 per Barrel on 31.03.2010 rose

to ` 4668 on 31.03.2011, showing a rise of 26.09%. In the futures section, the price which was

quoted at ` 3751 per Barrel (April 2010 contract) on 31.03.2010 rose to ` 4744 (April 2011

contract) per Barrel on 31.03.2011 showing a rise of 26.47%.

Spot & Futures prices of Crude Oil at MCX

3000

3250

3500

3750

4000

4250

4500

4750

5000

31-M

ar-

10

14-A

pr-

10

28-A

pr-

10

12-M

ay-1

0

26-M

ay-1

0

9-J

un-1

0

23-J

un-1

0

7-J

ul-10

21-J

ul-10

4-A

ug-1

0

18-A

ug-1

0

1-S

ep-1

0

15-S

ep-1

0

29-S

ep-1

0

13-O

ct-10

27-O

ct-10

10-N

ov-1

0

24-N

ov-1

0

8-D

ec-1

0

22-D

ec-1

0

5-J

an-1

1

19-J

an-1

1

2-F

eb-1

1

16-F

eb-1

1

2-M

ar-

11

16-M

ar-

11

30-M

ar-

11

Rs. per B

arr

el

SPOT 19-Apr-10 19-May-10 21-Jun-10 19-Jul-10 19-Aug-10 20-Sep-10

20-Oct-10 18-Nov-10 17-Dec-10 19-Jan-11 21-Feb-11 21-Mar-11 18-Apr-11

19-May-11 20-Jun-11 19-Jul-11 19-Aug-11 19-Sep-11

The total quantity traded in Crude Oil was 6317.99250 lakh tonnes valued at

` 1764067.835 crore.

4. Copper The ready price of Copper, which was quoted at ` 353.05 per kg on 31.03.2010 rose to

` 421.85 on 31.03.2011, showing a rise of 19.49%. In the futures section, the price which was

quoted at ` 351.35 per kg (April 2010 contract) on 31.03.2010, rose to ` 425.30 per kg (April

26

2011 contract) on 31.03.2011 showing a rise of 21.05%.

Spot & Futures prices of Copper at MCX

275

295

315

335

355

375

395

415

435

455

475

31-M

ar-

10

14-A

pr-

10

28-A

pr-

10

12-M

ay-1

0

26-M

ay-1

0

9-J

un-1

0

23-J

un-1

0

7-J

ul-10

21-J

ul-10

4-A

ug-1

0

18-A

ug-1

0

1-S

ep-1

0

15-S

ep-1

0

29-S

ep-1

0

13-O

ct-

10

27-O

ct-

10

10-N

ov-1

0

24-N

ov-1

0

8-D

ec-1

0

22-D

ec-1

0

5-J

an-1

1

19-J

an-1

1

2-F

eb-1

1

16-F

eb-1

1

2-M

ar-

11

16-M

ar-

11

30-M

ar-

11

Rs. per K

g

SPOT 30-Apr-10 30-Jun-10 31-Aug-10 30-Nov-10 28-Feb-11 29-Apr-11 30-Jun-11 30-Aug-11

The total quantity traded in Copper contracts was 309.80351 lakh tonnes valued at

` 1145074.858 crore.

5. Nickel

The ready price of Nickel, which was quoted at ` 1125.70 per kg on 31.03.2010, rose to

` 1164.40 on 31.03.2011, showing a rise of 3.44%. In the futures section, the price which was

quoted at ` 1125.20 per kg (March 2010 contract) on 31.03.2010, rose to ` 1164.40 per kg

(March 2011 contract) on 31.03.2011 showing a rise of 3.48%.

Spot & Futures prices of Nickel at MCX

850

900

950

1000

1050

1100

1150

1200

1250

1300

1350

31-M

ar-10

14-A

pr-10

28-A

pr-10

12-M

ay-1

0

26-M

ay-1

0

9-J

un-1

0

23-J

un-1

0

7-J

ul-10

21-J

ul-10

4-A

ug-1

0

18-A

ug-1

0

1-S

ep-1

0

15-S

ep-1

0

29-S

ep-1

0

13-O

ct-10

27-O

ct-10

10-N

ov-1

0

24-N

ov-1

0

8-D

ec-1

0

22-D

ec-1

0

5-J

an-1

1

19-J

an-1

1

2-F

eb-1

1

16-F

eb-1

1

2-M

ar-11

16-M

ar-11

30-M

ar-11

Rs. per Kg

SPOT 31-Mar-10 30-Apr-10 28-May-10 30-Jun-10 30-Jul-10

31-Aug-10 30-Sep-10 29-Oct-10 30-Nov-10 31-Dec-10 31-Jan-11

28-Feb-11 31-Mar-11 28-Apr-11 31-May-11

The total quantity traded in Nickel contracts was 43.54921 lakh tonnes valued at

` 464577.933 crore.

6. Zinc

The ready price of Zinc, which was quoted at ` 106.50 per kg on 31.03.2010 declined to

` 103.50 on 31.03.2011, showing a fall of 2.82%. In the futures section, the price which was

quoted at ` 106.45 per kg (March 2010 contract) on 31.03.2010 declined to ` 103.50 per kg

(March 2011 contract) on 31.03.2011 showing a fall of 2.77%.

27

Spot & Futures prices of Zinc at MCX

75

80

85

90

95

100

105

110

115

120

31-M

ar-

10

14-A

pr-

10

28-A

pr-

10

12-M

ay-1

0

26-M

ay-1

0

9-J

un-1

0

23-J

un-1

0

7-J

ul-10

21-J

ul-10

4-A

ug-1

0

18-A

ug-1

0

1-S

ep-1

0

15-S

ep-1

0

29-S

ep-1

0

13-O

ct-10

27-O

ct-10

10-N

ov-1

0

24-N

ov-1

0

8-D

ec-1

0

22-D

ec-1

0

5-J

an-1

1

19-J

an-1

1

2-F

eb-1

1

16-F

eb-1

1

2-M

ar-

11

16-M

ar-

11

30-M

ar-

11

Rs. per K

g

SPOT 31-Mar-10 30-Apr-10 28-May-10 30-Jun-10 30-Jul-10 31-Aug-10 30-Sep-10

29-Oct-10 30-Nov-10 31-Dec-10 31-Jan-11 28-Feb-11 31-Mar-11 28-Apr-11 31-May-11

The total quantity traded in Zinc contracts was 388.86900 lakh tonnes valued at `

389457.777 crore.

7. Lead

The ready price of Lead, which was quoted at ` 95.70 per kg on 31.03.2010 rose to `

121.45 on 31.03.2011, showing a rise of 26.91%. In the futures section, the price which was

quoted at ` 95.75 per kg (March 2010 contract) on 31.03.2010 rose to ` 121.45 per kg (March

2011 contract) on 31.03.2011 showing a rise of 26.84%.

Spot & Futures prices of LEAD at MCX

75

80

85

90

95

100

105

110

115

120

125

31-M

ar-

10

14-A

pr-

10

28-A

pr-

10

12-M

ay-1

0

26-M

ay-1

0

9-J

un-1

0

23-J

un-1

0

7-J

ul-10

21-J

ul-10

4-A

ug-1

0

18-A

ug-1

0

1-S

ep-1

0

15-S

ep-1

0

29-S

ep-1

0

13-O

ct-10

27-O

ct-10

10-N

ov-1

0

24-N

ov-1

0

8-D

ec-1

0

22-D

ec-1

0

5-J

an-1

1

19-J

an-1

1

2-F

eb-1

1

16-F

eb-1

1

2-M

ar-

11

16-M

ar-

11

30-M

ar-

11

Rs. per K

g

SPOT 31-Mar-10 30-Apr-10 28-May-10 30-Jun-10 30-Jul-10 31-Aug-10 30-Sep-10


The total quantity traded in Lead contracts was 300.59875 lakh tonnes valued at `

306414.617 crore.

8. Natural Gas The ready price of Natural Gas, which was quoted at ` 178.50 per mmBtu on 31.03.2010

rose to ` 195 on 31.03.2011, showing a rise of 9.24%. In the futures section, the price which was

quoted at ` 177.60 per mmBtu (April 2010 contract) on 31.03.2010 rose to ` 197.40 per mmBtu

(April 2011 contract) on 31.03.2011 showing a rise of 11.15%.

28

Spot & Futures prices of NATURAL GAS at MCX

150

175

200

225

250

31-M

ar-

10

14-A

pr-

10

28-A

pr-

10

12-M

ay-1

0

26-M

ay-1

0

9-J

un-1

0

23-J

un-1

0

7-J

ul-10

21-J

ul-10

4-A

ug-1

0

18-A

ug-1

0

1-S

ep-1

0

15-S

ep-1

0

29-S

ep-1

0

13-O

ct-

10

27-O

ct-

10

10-N

ov-1

0

24-N

ov-1

0

8-D

ec-1

0

22-D

ec-1

0

5-J

an-1

1

19-J

an-1

1

2-F

eb-1

1

16-F

eb-1

1

2-M

ar-

11

16-M

ar-

11

30-M

ar-

11

Rs. p

er

mm

Btu

SPOT 27-Apr-10 25-May-10 25-Jun-10 27-Jul-10 26-Aug-10 27-Sep-10 26-Oct-10 23-Nov-10

27-Dec-10 25-Jan-11 23-Feb-11 28-Mar-11 26-Apr-11 25-May-11 27-Jun-11

The total quantity traded in Natural Gas contracts was 14820403750 mmBtu valued at `

284930.549 crore.

II) THE NATIONAL COMMODITY & DERIVATIVES EXCHANGE LTD., MUMBAI

(NCDEX) During 2010-11, NCDEX, Mumbai accounted for 11.81% of the total value of trade in

the commodity market. In actual terms the total value of trade in the NCDEX, Mumbai was `

14.10 lakh crore. During the year, 34 commodities were traded at NCDEX, Mumbai. Amongst

which prominent commodities traded during the year were Soya Oil, Guar Seed, Crude oil,

Chana, Soyabean, Rape Seed/Mustard Seed, and Pepper at NCDEX, Mumbai. The total value of

trade and the percentage share of each of these commodities to the total value of trade at NCDEX,

Mumbai is given below.

TOTAL VOLUME & VALUE OF COMMODITIES TRADED AT NCDEX, MUMBAI. 2010-11

S. NO COMMODITY VOLUME (IN

LAKH TONNES)

VALUE ( ` IN CRORES)

SHARE OF VALUE TO

TOTAL

1 SOYA_OIL 464.50 260362.79 18.46

2 GUAR_SEED 1021.97 246283.33 17.46

3 CRUDE_OIL 653.15 193090.55 13.69

4 CHANA 467.68 112736.16 7.99

5 SOYABEAN 457.03 101645.48 7.21

6 RAPE_MUSTARD_

SEED 315.03 87161.91 6.18

7 PEPPER 39.97 80460.50 5.70

8 OTHER 701.51 328861.49 23.31

Total 4120.84 1410602.21 100.00

29

The graphical presentation of the percentage share of the prominently traded

commodities at NCDEX, Mumbai is given below.

% SHARE OF THE VALUE OF THE COMMODITIES TRADED AT NCDEX,MUMBAI DURING

April'2010 to March' 2011

OTHER

23.31%

PEPPER

5.70%

RAPE_MUSTARD_SEED

6.18%

SOYABEAN

7.21% CHANA

7.99%

CRUDE_OIL

13.69%

GUAR_SEED

17.46%

SOYA_OIL

18.46%

SOYA_OIL GUAR_SEED CRUDE_OIL CHANA SOYABEAN RAPE_MUSTARD_SEED PEPPER OTHER

1. Soy Oil

The ready price of Soy Oil, which was quoted at ` 450.60 per 10 Kg on 31.03.2010 rose

to ` 591.20 on 31.03.2011, showing a rise of 31.20%. In the futures section, the price which was

quoted at ` 449.95 per 10 kg (April 2010 contract) on 31.03.2010 rose to ` 599.65 (April 2011

contract) per 10 Kg on 31.03.2011 showing a rise of 33.27%.

SPOT & FUTURES PRICES OF SOY OIL TRADED AT NCDEX

425

450

475

500

525

550

575

600

625

650

675

700

31

-Ma

r-1

0

14

-Ap

r-1

0

28

-Ap

r-1

0

12

-Ma

y-1

0

26

-Ma

y-1

0

9-J

un

-10

23

-Ju

n-1

0

7-J

ul-

10

21

-Ju

l-1

0

4-A

ug

-10

18

-Au

g-1

0

1-S

ep

-10

15

-Se

p-1

0

29

-Se

p-1

0

13

-Oc

t-1

0

27

-Oc

t-1

0

10

-No

v-1

0

24

-No

v-1

0

8-D

ec

-10

22

-De

c-1

0

5-J

an

-11

19

-Ja

n-1

1

2-F

eb

-11

16

-Fe

b-1

1

2-M

ar-

11

16

-Ma

r-1

1

30

-Ma

r-1

1

RS

. P

ER

10

KG



20-May-11 20-Jun-11 20-Jul-11 19-Aug-11

The total quantity traded in Soy Oil was 464.50 lakh tonnes valued at ` 260362.786

crore.

2. Guar Seed:

The ready price of Guar Seed, which was quoted at ` 2302.45 per 100 Kg on 31.03.2010

30

rose to ` 2833.05 on 31.03.2011, showing a rise of 23.05%. In the futures section, the price which

was quoted at ` 2301 per 100 kg (April 2010 contract) on 31.03.2010 rose to ` 2781 (April 2011


SPOT & FUTURES PRICES OF GUAR SEED TRADED AT NCDEX

1750

2000

2250

2500

2750

3000

3250

3500

31

-Ma

r-1

0

14

-Ap

r-1

0

28

-Ap

r-1

0

12

-Ma

y-1

0

26

-Ma

y-1

0

9-J

un-1

0

23

-Ju

n-1

0

7-J

ul-

10

21

-Ju

l-1

0

4-A

ug

-10

18

-Au

g-1

0

1-S

ep

-10

15

-Se

p-1

0

29

-Se

p-1

0

13

-Oc

t-1

0

27

-Oc

t-1

0

10

-No

v-1

0

24

-No

v-1

0

8-D

ec-1

0

22

-De

c-1

0

5-J

an-1

1

19

-Ja

n-1

1

2-F

eb-1

1

16

-Fe

b-1

1

2-M

ar-

11

16

-Ma

r-1

1

30

-Ma

r-1

1

RS

.PE

R 1

00

KG




The total quantity traded in for all contracts of Guar Seed traded was 1021.96 Lakh

tonnes valued at ` 246283.334 crore.

4. Crude Oil

The ready price of Crude Oil, which was quoted at ` 3748.25 per Barrel on 31.03.2010

rose to ` 4739.94 on 31.03.2011, showing a rise of 26.46%. In the futures section, the price

which was quoted at ` 3731 per Barrel (April 2010 contract) on 31.03.2010 rose to ` 4744 (April

2011 contract) per Barrel on 31.03.2011 showing a rise of 27.15%.

SPOT & FUTURES PRICES OF Crude oil TRADED AT NCDEX

3000

3250

3500

3750

4000

4250

4500

4750

5000

31

-Ma

r-1

0

14

-Ap

r-1

0

28

-Ap

r-1

0

12

-Ma

y-1

0

26

-Ma

y-1

0

9-J

un

-10

23

-Ju

n-1

0

7-J

ul-

10

21

-Ju

l-1

0

4-A

ug

-10

18

-Au

g-1

0

1-S

ep

-10

15

-Se

p-1

0

29

-Se

p-1

0

13

-Oc

t-1

0

27

-Oc

t-1

0

10

-No

v-1

0

24

-No

v-1

0

8-D

ec

-10

22

-De

c-1

0

5-J

an

-11

19

-Ja

n-1

1

2-F

eb

-11

16

-Fe

b-1

1

2-M

ar-

11

16

-Ma

r-1

1

30

-Ma

r-1

1

RS

. P

ER

Ba

rre

l

SPOT 19-Apr-10 19-May-10 21-Jun-10 19-Jul-10 19-Aug-10 20-Sep-10 19-Oct-10

18-Nov-10 17-Dec-10 19-Jan-11 18-Feb-11 21-Mar-11 18-Apr-11 19-May-11 20-Jun-11

The total quantity traded in all contracts of Crude Oil was 653.15 Lakh tonnes valued at `

193090.551 crore.

4. Chana

The ready price of Chana, which was quoted at ` 2259.55 per 100 Kg on 31.03.2010 rose


quoted at ` 2289 per 100 kg (April 2010 contract) on 31.03.2010 rose to ` 2386 (April 2011


31

SPOT & FUTURES PRICES OF CHANA TRADED AT NCDEX

2000

2200

2400

2600

2800

3000

31

-Ma

r-1

0

14

-Ap

r-1

0

28

-Ap

r-1

0

12

-Ma

y-1

0

26

-Ma

y-1

0

9-J

un

-10

23

-Ju

n-1

0

7-J

ul-

10

21

-Ju

l-1

0

4-A

ug

-10

18

-Au

g-1

0

1-S

ep

-10

15

-Se

p-1

0

29

-Se

p-1

0

13

-Oc

t-1

0

27

-Oc

t-1

0

10

-No

v-1

0

24

-No

v-1

0

8-D

ec

-10

22

-De

c-1

0

5-J

an

-11

19

-Ja

n-1

1

2-F

eb

-11

16

-Fe

b-1

1

2-M

ar-

11

16

-Ma

r-1

1

30

-Ma

r-1

1

RS

. P

ER

10

0 K

G



20-May-11 20-Jun-11 20-Jul-11 19-Aug-11

The total quantity traded in all contracts of Chana was 467.68 Lakh tonnes valued at `

112736.155 crore.

5. Soya Bean

The ready price of Soya Bean, which was quoted at ` 2029 per 100 Kg on 31.03.2010

rose to ` 2308 on 31.03.2011, showing a rise of 13.75%. In the futures section, the price which

was quoted at ` 2038 per 100 kg (April 2010 contract) on 31.03.2010 rose to ` 2338.50 (April

2011 contract) per 100 Kg on 31.03.2011 showing a rise of 14.74%.

SPOT & FUTURES PRICES OF SOY BEAN TRADED AT NCDEX

1800

1950

2100

2250

2400

2550

2700

31

-Ma

r-1

0

14

-Ap

r-1

0

28

-Ap

r-1

0

12

-Ma

y-1

0

26

-Ma

y-1

0

9-J

un

-10

23

-Ju

n-1

0

7-J

ul-

10

21

-Ju

l-1

0

4-A

ug

-10

18

-Au

g-1

0

1-S

ep

-10

15

-Se

p-1

0

29

-Se

p-1

0

13

-Oc

t-1

0

27

-Oc

t-1

0

10

-No

v-1

0

24

-No

v-1

0

8-D

ec

-10

22

-De

c-1

0

5-J

an

-11

19

-Ja

n-1

1

2-F

eb

-11

16

-Fe

b-1

1

2-M

ar-

11

16

-Ma

r-1

1

30

-Ma

r-1

1

RS

.PE

R 1

00

KG



20-May-11 20-Jun-11 20-Jul-11 19-Aug-11

The total quantity traded in Soya Bean contracts was 457.03 lakh tonnes valued at

` 101645.477 crore.

6. R/M Seed

The ready price of R/M Seed, which was quoted at ` 2524.75 per 100 Kg on 31.03.2010


was quoted at ` 2526.75 per 100 kg (April 2010 contract) on 31.03.2010 rose to ` 2686 (April

2011 contract) per 100 Kg on 31.03.2011 showing a rise of 6.30%.

32

SPOT & FUTURES PRICES OF RM SEED TRADED AT NCDEX

2250

2500

2750

3000

3250

31-M

ar-

10

14-A

pr-

10

28-A

pr-

10

12-M

ay

-10

26-M

ay

-10

9-J

un

-10

23

-Ju

n-1

0

7-J

ul-

10

21

-Ju

l-1

0

4-A

ug

-10

18-A

ug

-10

1-S

ep

-10

15

-Se

p-1

0

29

-Se

p-1

0

13

-Oc

t-1

0

27

-Oc

t-1

0

10

-No

v-1

0

24

-No

v-1

0

8-D

ec

-10

22

-De

c-1

0

5-J

an

-11

19

-Ja

n-1

1

2-F

eb

-11

16-F

eb

-11

2-M

ar-

11

16-M

ar-

11

30-M

ar-

11

RS

.PE

R 1

00 K

G


19-Nov-10 20-Dec-10 20-Jan-11 20-Apr-11 20-May-11 20-Jun-11 20-Jul-11

The total quantity traded in R/M Seed contracts was 315.03 lakh tonnes valued at

` 87161.913 crore.

7. Pepper

The ready price of Pepper, which was quoted at ` 14800.45 per 100 Kg on 31.03.2010


which was quoted at ` 15022 per 100 kg (April 2010 contract) on 31.03.2010 rose to ` 24594

(April 2011 contract) per 100 Kg on 31.03.2011 showing a rise of 63.72%.

SPOT & FUTURES PRICES OF PEPPER TRADED AT NCDEX

14000

15500

17000

18500

20000

21500

23000

24500

26000

27500

31

-Ma

r-1

0

14

-Ap

r-1

0

28

-Ap

r-1

0

12

-Ma

y-1

0

26

-Ma

y-1

0

9-J

un

-10

23

-Ju

n-1

0

7-J

ul-

10

21

-Ju

l-1

0

4-A

ug

-10

18

-Au

g-1

0

1-S

ep

-10

15

-Se

p-1

0

29

-Se

p-1

0

13

-Oc

t-1

0

27

-Oc

t-1

0

10

-No

v-1

0

24

-No

v-1

0

8-D

ec

-10

22

-De

c-1

0

5-J

an

-11

19

-Ja

n-1

1

2-F

eb

-11

16

-Fe

b-1

1

2-M

ar-

11

16

-Ma

r-1

1

30

-Ma

r-1

1

RS

. P

ER

10

0 K

G




The total quantity traded in Pepper contracts was 39.96 lakh tonnes valued at

` 80460.498 crore.

III) NATIONAL MULTI-COMMODITY EXCHANGE OF INDIA LIMITED,

AHMEDABAD (NMCE) During 2010-11, NMCE, Ahmedabad accounted for 1.83% of the total value of trade in

the commodity market. In actual terms, the total value of trade in the NMCE, Ahmedabad was `

21.84 lakh crore. During the year, 24 commodities were traded at NMCE, Ahmedabad. Amongst

which prominent commodities traded during the year were Rubber, Sacking, Copper, Lead, and

Aluminium. The total value of trade and the percentage share of each of these commodities to the

33

total value of trade at NMCE, Ahmedabad is given below.

TOTAL VOLUME AND VALUE OF TRADE AT NMCE, AHMEDABAD 2010-11

Sr. No. COMMODITIES TOTAL VOLUME (IN LAKH TONNES)

TOTAL VALUE ( ` IN

CRORE)

% SHARE TO THE TOTAL

VALUE

1. RUBBER 11.78 23846.36 10.92

2. SACKING 31.51 16734.57 7.66

3. COPPER 4.05 15256.03 6.99

4. LEAD 14.09 14787.23 6.77

5. ALUMINIUM 5 MT

13.82 14711.08 6.74

6. OTHERS 247.54 133075.63 60.93

Grand Total 322.79 218410.904 100.00

1. Rubber:-

The ready price of Rubber at NMCE, Ahmedabad, which was quoted at ` 15631 per

quintal on 31.03.2010 rose to ` 23100 on 31.3.2011 registering a rise of 47.78 % over the year.

In the future section, the prices of Rubber, which was quoted at ` 15704 per quintal on

31.3.2010 (April 2010 contract) rose to ` 24850 on 31.3.2011 (July 2011 Contact) registering a

rise of 58.24 % over the year.

The graph indicating ready and future prices is given below.

Spot and future prices of Rubber at NMCE,Ahmedabad

14000.00

15000.00

16000.00

17000.00

18000.00

19000.00

20000.00

21000.00

22000.00

23000.00

24000.00

25000.00

26000.00

27000.00

31-M

ar-

10

14-A

pr-

10

28-A

pr-

10

12-M

ay-1

0

26-M

ay-1

0

9-J

un-1

0

23-J

un-1

0

7-J

ul-10

21-J

ul-10

4-A

ug-1

0

18-A

ug-1

0

1-S

ep-1

0

15-S

ep-1

0

29-S

ep-1

0

13-O

ct-

10

27-O

ct-

10

10-N

ov-1

0

24-N

ov-1

0

8-D

ec-1

0

22-D

ec-1

0

5-J

an-1

1

19-J

an-1

1

2-F

eb-1

1

16-F

eb-1

1

2-M

ar-

11

16-M

ar-

11

30-M

ar-

11

Date

Rs.p

er

100 K

g

Spot Apr-10 May-10 Jun-10 Jul-10 Aug-10 Sep-10 Oct-10 Nov-10

Dec-10 Jan-11 Feb-11 Mar-11 Apr-11 May-11 Jun-11 Jul-11

The total quantity traded at NMCE during the period 11.78 Lakh tones and Value thereof

was ` 23846.36 Crore.

34

2. Sacking:-

The ready price of Sacking at NMCE, Ahmedabad, which was quoted at ` 2972.60 per

100 Bags on 31.03.2010 rose to ` 3383.33 on 31.3.2011 registering a rise of 13.82 % over the

year.

In the futures section the price of Sacking, which was quoted at ` 3022 per 100 Bags on

31.3.2010 (April 2010 contract) rose to ` 3441 on 31.3.2011 (July 2011 Contract) registering a

rise of 13.86% over the year.


Spot and futures prices of Sacking at NMCE, Ahmedabad.

2900.00

3000.00

3100.00

3200.00

3300.00

3400.00

3500.00

3600.00

3700.00

3800.00

3900.00

31-M

ar-

10

14-A

pr-

10

28-A

pr-

10

12-M

ay-1

0

26-M

ay-1

0

9-J

un-1

0

23-J

un-1

0

7-J

ul-10

21-J

ul-10

4-A

ug-1

0

18-A

ug-1

0

1-S

ep-1

0

15-S

ep-1

0

29-S

ep-1

0

13-O

ct-10

27-O

ct-10

10-N

ov-1

0

24-N

ov-1

0

8-D

ec-1

0

22-D

ec-1

0

5-J

an-1

1

19-J

an-1

1

2-F

eb-1

1

16-F

eb-1

1

2-M

ar-

11

16-M

ar-

11

30-M

ar-

11

Date

Rs. per

100 B

ags


Dec-10 Jan-11 Feb-11 Mar-11 Apr-11 May-11 Jun-11 Jul-11


was ` 16734.57 Crore.

3. Copper:-

The ready price of Copper at NMCE, Ahmedabad, which was quoted at ` 353.05 per Kg

on 31.3.2010, rose to ` 419.70 on 31.3.2011 registering a rise of 18.88 % over the year.

In the futures section, the price of Copper, which was quoted at ` 350.80 per Kg on

31.3.2010 (April 2010 contract) rose to ` 435 on 31.3.2011 (August 2011 Contact) registering a

rise of 24 % over the year.


35

Spot and future prices of Copper at NMCE,Ahmedabad.

250.00

300.00

350.00

400.00

450.00

500.00

31-M

ar-

10

14-A

pr-

10

28-A

pr-

10

12-M

ay-1

0

26-M

ay-1

0

9-J

un-1

0

23-J

un-1

0

7-J

ul-10

21-J

ul-10

4-A

ug-1

0

18-A

ug-1

0

1-S

ep-1

0

15-S

ep-1

0

29-S

ep-1

0

13-O

ct-

10

27-O

ct-

10

10-N

ov-1

0

24-N

ov-1

0

8-D

ec-1

0

22-D

ec-1

0

5-J

an-1

1

19-J

an-1

1

2-F

eb-1

1

16-F

eb-1

1

2-M

ar-

11

16-M

ar-

11

30-M

ar-

11

Date

Rs. p

er

1 K

G

Spot Apr-10 Jun-10 Aug-10 Nov-10 Feb-11 Apr-11 Jun-11 Aug-11

The total quantity traded at NMCE during the period 4.05 lakh tones and Value thereof is

` 15256.03 Crore.

4. Lead:-

The ready price of Lead at NMCE, Ahmedabad, which was quoted at ` 96.30 per Kg on

31.03.2010 rose to ` 120.40 on 31.3.2011 registering a rise of 25.03% over the year.

The future price of Lead, which was quoted at ` 96.30 per 1 Kg on 31.3.2010 (March

2010 contract) rose to ` 121.60 on 31.3.2011 (May 2011 Contact) registering a rise of 26.27%

over the year.

The graph indicating ready and future prices is given below:

Spot and future prices of Lead at NMCE,Ahmedabad.

60.00

70.00

80.00

90.00

100.00

110.00

120.00

130.00

31-M

ar-

10

14-A

pr-

10

28-A

pr-

10

12-M

ay-1

0

26-M

ay-1

0

9-J

un-1

0

23-J

un-1

0

7-J

ul-10

21-J

ul-10

4-A

ug-1

0

18-A

ug-1

0

1-S

ep-1

0

15-S

ep-1

0

29-S

ep-1

0

13-O

ct-

10

27-O

ct-

10

10-N

ov-1

0

24-N

ov-1

0

8-D

ec-1

0

22-D

ec-1

0

5-J

an-1

1

19-J

an-1

1

2-F

eb-1

1

16-F

eb-1

1

2-M

ar-

11

16-M

ar-

11

30-M

ar-

11

Date

Rs.P

er

1 K

g

Spot 31-Mar-09 30-Apr-09 30-May-09 30-Jun-09 31-Jul-09 31-Aug-09 30-Sep-09


The total quantity traded at NMCE during the period was 14.09 Lakh tones and Value

thereof is ` 14787.23 Crore.

5. Aluminium:-

The ready price of Aluminium at NMCE, Ahmedabad, which was quoted at ` 101.80 per

Kg on 31.03.2010 rose to ` 115.90 on 31.3.2011 registering a rise of 13.85% over the year.

In the futures section the price of Aluminium, which was quoted at ` 101.80 per 1 Kg on

31.3.2010 (March 2010 contract) rose to ` 119 on 31.3.2011 (June 2011 Contact) registering a

rise of 16.90% over the year.

The graph indicating ready and future prices is given below

36

Spot and future prices of Aluminium at NMCE,Ahmedabad

85.00

90.00

95.00

100.00

105.00

110.00

115.00

120.00

125.00

31-M

ar-

10

14-A

pr-

10

28-A

pr-

10

12-M

ay-1

0

26-M

ay-1

0

9-J

un-1

0

23-J

un-1

0

7-J

ul-10

21-J

ul-10

4-A

ug-1

0

18-A

ug-1

0

1-S

ep-1

0

15-S

ep-1

0

29-S

ep-1

0

13-O

ct-

10

27-O

ct-

10

10-N

ov-1

0

24-N

ov-1

0

8-D

ec-1

0

22-D

ec-1

0

5-J

an-1

1

19-J

an-1

1

2-F

eb-1

1

16-F

eb-1

1

2-M

ar-

11

16-M

ar-

11

30-M

ar-

11

Date

Rs.p

er

1 K

g

Spot Mar-10 Apr-10 May-10 Jun-10 Jul-10 Aug-10 Sep-10 Oct-10

Nov-10 Dec-10 Jan-11 Feb-11 Mar-11 Apr-11 May-11 Jun-11


is ` 14711.08 Crore.

IV) INDIAN COMMODITY EXCHANGE LTD. (ICEX), GURGAON

During 2010-11, ICEX accounted for 3.16 % of the total value of trade in the commodity

market. In actual terms the total value of trade in the ICEX, was ` 37.77 lakh crore. During the

year commodities were traded at ICEX. Amongst which prominent commodities traded during

the year were Gold, Silver, Crude Oil and Copper cathod. The total value of trade and the

percentage share of each of these commodities to the total value of trade at ICEX are given

below.

TOTAL VOLUME AND VALUE OF TRADE AT ICEX 2010-11

S.NO COMMODITY VOLUME (IN

LAKH TONNES)

VALUE ( ` IN CRORES)

SHARE OF VALUE TO

TOTAL

1 GOLD 0.00815 153.71 40.54

2 SILVER 0.24612 83974.04 22.23

3 CRUDEOIL 248.35007 67769.65 17.94

4 COPPER

CATHODE 18.17394 65107.26 17.24

5 OTHER 20.14673 7765.21 2.06

Grand Total - (Except for Natural Gas VOT)

LT/Rs. Cr. 286.925004 377729.88 100.00

1. Gold: The ready price of Gold, which was quoted at ` 16301.78 per 10 gm on 31.03.2010 rose

to ` 20742.56 on 31.03.2011, showing a rise of 27.24%. In the futures section, the price which

was quoted at ` 16294 per 10 gm (April 2010 contract) on 31.03.2010 rose ` 20730 (April 2011

contract) per 10 gm on 31.03.2011 showing a rise of 27.22%.

37

Spot & Futures prices of Gold at ICEX

16000

16500

17000

17500

18000

18500

19000

19500

20000

20500

21000

21500

22000

31-M

ar-

10

13-A

pr-

10

26-A

pr-

10

9-M

ay-1

0

22-M

ay-1

0

4-J

un-1

0

17-J

un-1

0

30-J

un-1

0

13-J

ul-10

26-J

ul-10

8-A

ug-1

0

21-A

ug-1

0

3-S

ep-1

0

16-S

ep-1

0

29-S

ep-1

0

12-O

ct-

10

25-O

ct-

10

7-N

ov-1

0

20-N

ov-1

0

3-D

ec-1

0

16-D

ec-1

0

29-D

ec-1

0

11-J

an-1

1

24-J

an-1

1

6-F

eb-1

1

19-F

eb-1

1

4-M

ar-

11

17-M

ar-

11

30-M

ar-

11

Rs. p

er

10 G

m

SPOT 1-Apr-10 1-Jun-10 2-Aug-10 1-Oct-10 1-Dec-10 1-Feb-11

1-Apr-11 1-Jun-11 1-Aug-11

The total quantity traded in for all contracts of Gold traded was 0.00815 Lakh tonnes

valued at ` 153.714 crore.

2. Silver

The ready price of Silver, which was quoted at ` 26837.55 per kg on 31.03.2010 rose to `


quoted at ` 26956 per Kg (May 2010 contract) on 31.03.2010 raised ` 55941 per kg (May 2011


Spot & Futures prices of Silver at ICEX

22500

27500

32500

37500

42500

47500

52500

57500

62500

31-M

ar-

10

13-A

pr-

10

26-A

pr-

10

9-M

ay-1

0

22-M

ay-1

0

4-J

un-1

0

17-J

un-1

0

30-J

un-1

0

13-J

ul-10

26-J

ul-10

8-A

ug-1

0

21-A

ug-1

0

3-S

ep-1

0

16-S

ep-1

0

29-S

ep-1

0

12-O

ct-

10

25-O

ct-

10

7-N

ov-1

0

20-N

ov-1

0

3-D

ec-1

0

16-D

ec-1

0

29-D

ec-1

0

11-J

an-1

1

24-J

an-1

1

6-F

eb-1

1

19-F

eb-1

1

4-M

ar-

11

17-M

ar-

11

30-M

ar-

11

Rs. p

er

Kg

SPOT 3-May-10 1-Jul-10 1-Sep-10 1-Dec-10 1-Mar-11 2-May-11 1-Jul-11 1-Sep-11

The total quantity traded in all contracts of silver was 0.24612 Lakh tonnes valued at

` 83974.044 crore.

3. Crude Oil

The ready price of Crude Oil, which was quoted at ` 3750.23 per Barrel on 31.03.2010


which was quoted at ` 3752 per Barrel (April 2010 contract) on 31.03.2010 rose ` 4746 (April

2011 contract) per Barrel on 31.03.2011 showing a rise of 26.49%.

38

Spot & Futures prices of Crude Oil at ICEX

3000

3250

3500

3750

4000

4250

4500

4750

5000

31-M

ar-

10

13-A

pr-

10

26-A

pr-

10

9-M

ay-1

0

22-M

ay-1

0

4-J

un-1

0

17-J

un-1

0

30-J

un-1

0

13-J

ul-10

26-J

ul-10

8-A

ug-1

0

21-A

ug-1

0

3-S

ep-1

0

16-S

ep-1

0

29-S

ep-1

0

12-O

ct-

10

25-O

ct-

10

7-N

ov-1

0

20-N

ov-1

0

3-D

ec-1

0

16-D

ec-1

0

29-D

ec-1

0

11-J

an-1

1

24-J

an-1

1

6-F

eb-1

1

19-F

eb-1

1

4-M

ar-

11

17-M

ar-

11

30-M

ar-

11

Rs. p

er

Barr

el


18-Nov-10 17-Dec-10 19-Jan-11 21-Feb-11 21-Mar-11 18-Apr-11 19-May-11 20-Jun-11

The total quantity traded in Crude Oil was 248.35007 lakh tonnes valued at ` 67769.649

crore.

4. Copper

The ready price of Copper, which was quoted at ` 353.33 per kg on 31.03.2010 rose to `


quoted at ` 351.35 per kg (April 2010 contract) on 31.03.2010 raised ` 425.10 per kg (April 2011


Spot & Futures prices of Copper at ICEX

300

310

320

330

340

350

360

370

380

390

400

410

420

430

440

450

460

470

31-M

ar-

10

13-A

pr-

10

26-A

pr-

10

9-M

ay-1

0

22-M

ay-1

0

4-J

un-1

0

17-J

un-1

0

30-J

un-1

0

13-J

ul-10

26-J

ul-10

8-A

ug-1

0

21-A

ug-1

0

3-S

ep-1

0

16-S

ep-1

0

29-S

ep-1

0

12-O

ct-

10

25-O

ct-

10

7-N

ov-1

0

20-N

ov-1

0

3-D

ec-1

0

16-D

ec-1

0

29-D

ec-1

0

11-J

an-1

1

24-J

an-1

1

6-F

eb-1

1

19-F

eb-1

1

4-M

ar-

11

17-M

ar-

11

30-M

ar-

11

Rs. p

er

Kg

SPOT 30-Apr-10 30-Jun-10 31-Aug-10 30-Nov-10 28-Feb-11 29-Apr-11 30-Jun-11 31-Aug-11

The total quantity traded in Copper contracts was 18.17394 lakh tonnes valued at

` 65107.264 crore.

V) ACE COMMODITIES AND DERIVATIVES EXCHANGES

ACE Derivatives and Commodities Exchanges Ltd. which was newly granted recognition

was first permitted to trade in Mustard Seed, Refined Soya Oil, Castor Seed, Chana and Soya

Bean Commodity contracts on 26th October, 2010. Subsequently permission was also granted to

trade in Copper, Crude Oil, and Silver and Gold contracts on 7th December, 2010 and Sugar

contract was permitted on 24th December, 2010. Since October 2010, total value of commodities

traded at ACE Commodities and Derivative Exchange Ltd., Ahmedabad was ` 30057.033 crore. ,

39

ACE accounted for 0.25 % of the total value of trade in the commodity market. In actual terms,

the total value of trade in the ACE was ` 30057.03 lakh crore. The total value of trade and the

percentage share of each of these commodities to the total value of trade at ACE Commodities

and Derivatives Exchange Ltd. are given below.

% SHARE OF THE VALUE OF THE COMMODITIES TRADED AT ACE, AHMEDABAD, DURING

April'2010 to March' 2011

SUGAR

0.91%

CASTOR

4.87%CHANA

10.10%

MUSTARD

14.62%

SOYBEAN

21.42%

REFSOYOIL

48.09%

REFSOYOIL SOYBEAN MUSTARD CHANA CASTOR SUGAR

TOTAL VOLUME AND VALUE OF TRADE AT ACE, AHMEDABAD 2010-11

S.NO COMMODITY

VOLUME (IN LAKH

TONNES)

VALUE ( `̀̀̀ IN

CRORES)

SHARE OF VALUE TO

TOTAL

1 REFSOYOIL 23.22870 14455.775 48.09

2 SOYBEAN 27.04400 6436.805 21.42

3 MUSTARD 15.43440 4393.967 14.62

4 CHANA 11.85010 3035.435 10.10

5 CASTOR 3.54960 1462.830 4.87

6 SUGAR 0.92510 272.221 0.91

Grand Total Lakh Tonnes `̀̀̀

/Cr. 82.03190 30057.033 100.00

1. Ref. Soya Oil:

The ready price of Ref Soy Oil, which was quoted at ` 524 per 10 kg on 27.10.2010 rose


quoted at ` 543.70 per 10 kg (December 2010 contract) on 27.10.2010 rose ` 599.80 (April 2011

contract) per 10 kg on 31.03.2011 showing a rise of 10.32%.

40

Spot & Futures prices of SOY OIL at ACE

500

525

550

575

600

625

650

675

700

27-O

ct-

10

3-N

ov-1

0

10-N

ov-1

0

17-N

ov-1

0

24-N

ov-1

0

1-D

ec-1

0

8-D

ec-1

0

15-D

ec-1

0

22-D

ec-1

0

29-D

ec-1

0

5-J

an-1

1

12-J

an-1

1

19-J

an-1

1

26-J

an-1

1

2-F

eb-1

1

9-F

eb-1

1

16-F

eb-1

1

23-F

eb-1

1

2-M

ar-

11

9-M

ar-

11

16-M

ar-

11

23-M

ar-

11

30-M

ar-

11

Rs. p

er

10 k

G

SPOT 20-Dec-10 20-Jan-11 18-Feb-11 18-Mar-11 20-Apr-11 20-May-11

20-Jun-11 20-Jul-11

The total quantity traded in for all contracts of Ref Soy Oil traded was 23.22870 Lakh

tonnes valued at ` 14455.775 crore.

2. Soya Bean

The ready price of Soy Bean, which was quoted at ` 2164.30 per 100 kg on 27.10.2010


was quoted at ` 2254.50 per 100kg (December 2010 contract) on 27.10.2010 rose ` 2337.50

(April 2011 contract) per 100 kg on 31.03.2011 showing a rise of 3.68%.

Spot & Futures prices of SOY BEAN AT ACE

2100

2200

2300

2400

2500

2600

27-O

ct-

10

3-N

ov-1

0

10-N

ov-1

0

17-N

ov-1

0

24-N

ov-1

0

1-D

ec-1

0

8-D

ec-1

0

15-D

ec-1

0

22-D

ec-1

0

29-D

ec-1

0

5-J

an-1

1

12-J

an-1

1

19-J

an-1

1

26-J

an-1

1

2-F

eb-1

1

9-F

eb-1

1

16-F

eb-1

1

23-F

eb-1

1

2-M

ar-

11

9-M

ar-

11

16-M

ar-

11

23-M

ar-

11

30-M

ar-

11

Rs. p

er1

00 K

g

SPOT 20-Dec-10 20-Jan-11 18-Feb-11 18-Mar-11 20-Apr-11 20-May-11 20-Jun-11 20-Jul-11

The total quantity traded in all contracts of Soya Bean was 27.04400 Lakh tonnes valued

at ` 6436.805 crore.

3. R/M Seed

The ready price of R/M Seed, which was quoted at ` 2770 per 100 kg on 27.10.2010

declined to ` 2568 on 31.03.2011, showing a fall of 7.29%. In the futures section, the price which

was quoted at ` 2864 per 100kg (December 2010 contract) on 27.10.2010 declined to ` 2687

(April 2011 contract) per 100 kg on 31.03.2011 showing a fall of 6.18%.

41

Spot & Futures prices of R/M SEED AT ACE

2500

2600

2700

2800

2900

3000

3100

27-O

ct-10

3-N

ov-1

0

10-N

ov-1

0

17-N

ov-1

0

24-N

ov-1

0

1-D

ec-1

0

8-D

ec-1

0

15-D

ec-1

0

22-D

ec-1

0

29-D

ec-1

0

5-J

an-1

1

12-J

an-1

1

19-J

an-1

1

26-J

an-1

1

2-F

eb-1

1

9-F

eb-1

1

16-F

eb-1

1

23-F

eb-1

1

2-M

ar-

11

9-M

ar-

11

16-M

ar-

11

23-M

ar-

11

30-M

ar-

11

Rs. per 100 K

G

SPOT 20-Dec-10 20-Jan-11 20-Apr-11 20-May-11 20-Jun-11 20-Jul-11

The total quantity traded in R/M Seed was 15.43440 lakh tonnes valued at ` 4393.967

crore.

4. Chana

The ready price of Chana, which was quoted at ` 2371.50 per 100 kg on 27.10.2010

declined to ` 2291.50 on 31.03.2011, showing a fall of 3.37%. In the futures section, the price

which was quoted at ` 2436 per 100kg (December 2010 contract) on 27.10.2010 declined to

` 2383 (April 2011 contract) per 100 kg on 31.03.2011 showing a fall of 2.18%.

The total quantity traded in Chana contracts was 11.85010 lakh tonnes valued at

` 3035.435 crore.

VI) NATIONAL BOARD OF TRADE (NBOT), INDORE

The NBOT, Indore accounted for 0.43% of the total value of trade during the year 2010-

11. In actual terms the total value of trade in NBOT, Indore was ` 51662.06 crore. During the

year, Soya bean, Soy oil and Mustard seed were traded at NBOT, Indore. Of these, Soya oil

contributed 99% to the total value of trade.

TOTAL VOLUME AND VALUE OF TRADE AT NBOT, INDORE 2010-11

COMMODITIES TOTAL VOLUME (IN LAKH

TONNES)

TOTAL VALUE

(IN `̀̀̀CRORE)

% SHARE TO THE TOTAL VALUE

SOY OIL

92.97 51607.55 99.89

OTHERS

0.26 54.51 0.11

Spot & Futures prices of CHANA AT ACE

2200

2300

2400

2500

2600

2700

2800

2900

27-O

ct-10

3-N

ov-1

0

10-N

ov-1

0

17-N

ov-1

0

24-N

ov-1

0

1-D

ec-1

0

8-D

ec-1

0

15-D

ec-1

0

22-D

ec-1

0

29-D

ec-1

0

5-J

an-1

1

12-J

an-1

1

19-J

an-1

1

26-J

an-1

1

2-F

eb-1

1

9-F

eb-1

1

16-F

eb-1

1

23-F

eb-1

1

2-M

ar-

11

9-M

ar-

11

16-M

ar-

11

23-M

ar-

11

30-M

ar-

11

Rs. P

er1

00 K

g

SPOT 20-Dec-10 20-Jan-11 18-Feb-11 18-Mar-11 20-Apr-11 20-May-11 20-Jun-11 20-Jul-11

42

TOTAL

93.23 51662.06 100.00

NBOT

1. Soy oil:-

The ready price of Soy oil at NBOT, Indore which was quoted at ` 451 per 10 Kg on

31.03.2010 rose to ` 590 on 31.3.2011 registering a rise of 30.82 % over the year.

The price of Soy oil, which was quoted at ` 447.80 per 10 Kg on 31.3.2010 (April 2010

contract) rose to ` 607.80 on 31.3.2011 (May 2011 Contact) registering a rise of 35.73% over the

year.

The graph indicating ready and future prices is given below;

Spot and future prices of Soy oil at NBOT,Indore.

390.00

440.00

490.00

540.00

590.00

640.00

690.00

31

-Ma

r-1

0

14

-Ap

r-1

0

28

-Ap

r-1

0

12

-Ma

y-1

0

26

-Ma

y-1

0

9-J

un

-10

23

-Ju

n-1

0

7-J

ul-

10

21

-Ju

l-1

0

4-A

ug

-10

18

-Au

g-1

0

1-S

ep

-10

15

-Se

p-1

0

29

-Se

p-1

0

13

-Oct-

10

27

-Oct-

10

10

-No

v-1

0

24

-No

v-1

0

8-D

ec-1

0

22

-De

c-1

0

5-J

an

-11

19

-Ja

n-1

1

2-F

eb

-11

16

-Fe

b-1

1

2-M

ar-

11

16

-Ma

r-1

1

30

-Ma

r-1

1

Date

Rs

.pe

r 1

0 K

g


Dec-10 Jan-11 Feb-11 Mar-11 Apr-11 May-11

The total quantity traded at NBOT, Indore during the period 92.97 Lakh tones and Value

thereof is ` 51607.55 Crore. The net open position of all the contracts traded at the Exchange was

7960 MT as on 31st March 2011.

43

CHAPTER-IV

ACTION AGAINST ILLEGAL FORWARD TRADING

4. Rule 13 of the Forward Contracts (Regulation) Rules, 1954 states as under

“The Commission shall communicate information in respect of the commission of any

offence under the Act to the concerned police authorities and assist such authorities in

scrutinizing documents referred to by them and in rendering such expert advice as may be

required by them”.

4.1 In pursuance of the provisions of Rule 13 as cited above, the Commission keeps close

surveillance on the activities in illegal forward markets and communicates the intelligence

thereon, to the concerned police authorities for their verification and enforcement action. Under

the Forward Contracts (Regulations) Act, 1952, powers to conduct search, seizure and

prosecution in respect of the various offences committed under the Act, vest with the police

authorities. The officers of the Enforcement Division of the Commission assist the police

authorities, when requested, in organizing and conducting the raids. Further more, the Division

also assists the police authorities in scrutinizing the documents seized by them in the course of

their raids against persons conducting illegal forward trading. Comprehensive scrutiny reports

are prepared in the Division, on the basis of the evidence contained in the documents seized and

are then sent to the police authorities for further necessary action. Apart from carrying out these

tasks, the officers of the Enforcement Division also tender evidence in the different courts of law

as “Expert” witness, as and when summoned.

4.2 Though the prohibition on futures trading under Section 17 of the Forward Contracts

(Regulation) Act, 1952 has been revoked completely, the need of enforcement action would

continue, as long as various other forms of illegal forward trading, like “Option” in goods, (which

is totally prohibited under the Act), and “dabba” trading are reportedly prevalent in various parts

of the country.

4.3 The availability of regulated trading platform for futures trading in number of

commodities has helped in reducing the need or incentive for illegal forward trading to a large

extent.

4.4 During the period between 01.04.2010 to 31.03.2011, the following enforcement actions

were initiated under Rule 13 of the FCR (Rules) 1954;

44

S. No.

Activities Details

1 Enquiry & Inspection of Books

and Accounts

Enquiry and Inspection of 3 members and 2 Exchanges,

viz. NMCE Ahmedabad and FCEI, Kochi was

undertaken.

2 Surprise check

of the Members/Excha

nge:

Surprise check of One member and two regional

exchanges were undertaken.

3 Refereed to other agencies under Rule 13

of the Forward Contracts

(Regulation) Rules, 1954 and from other

agencies/ Police Authorities.

• Three Complaints regarding Dabba Trading have

been forwarded to Commissioner of Police

Nagpur, Delhi and Mumbai respectively.

• One matter each referred to Director General of

Police, Rajasthan, Uttar Pradesh and Gujarat.

• Complaints about Dabba Trading have also been

forwarded to SSP, Panjab, Neemuch Police, MP,

SPs, Sangli, and Maharashtra.

• Five cases refer to police departments:

� L.T. Marg Police Stattion, Mumbai

� Kalupur Police, Gujarat

� Dessa Police, Gujarat

� Palanpur Police, Gujarat

4. Court Cases During the year 2010-11, the Commission has been

facing legal challenges through Court Cases. Seven

important cases dealt with by the Commission in the year

2010-11.

4.5 IMPORTANT COURT CASES:

In its persistent efforts to strengthen the regulatory oversight of commodity derivative

markets and its orderly development, the Commission has been facing legal challenges through

Court Cases. Following are the important cases dealt with by the Commission in the year

2010 -11.

4.5.1 The National Commodity & Derivative Exchange Limited (NCDEX) filed a Special

Leave Petition No. 9818 of 2009 on 18.04.2009 before the Hon’ble Supreme Court against the

Judgment dated 5.2.2009 of the Bombay High Court upholding the validity of the Order passed

by the Forward Markets Commission (FMC) restraining the Exchange from charging

disproportionately low transaction charges. The Ld. Solicitor General appeared on behalf of

Union of India and FMC. The matter was heard by the Hon’ble Supreme Court and the SLP was

dismissed on 10.05.10 as withdrawn.

4.5.2 The Central Electricity Regulatory Commission (CERC), in a petition filed before it by

PXIL, passed an Order dated 28.4.2009 directing, inter alia, that Multi Commodity Exchange

(MCX) and other Commodity Exchanges, which were permitted trading of forward contract by

FMC at their platform shall be governed by the orders, guidelines, regulations and other

prescriptions of CERC. The said Order of the CERC bringing within its jurisdiction forward

45

contracts in electricity was, on the advice of Ministry of Law & Justice, challenged by the

Commission through a Writ Petition filed before the Bombay High Court. While the Writ

Petition was pending before the High Court, the CERC in a Review Petition filed by MCX passed

its order dt. 11.1.2010 making extensive changes in its earlier order dated 28.04.2009 ostensibly

but maintained that CERC would have regulatory oversight in respect of electricity forward

contract. CERC also issued a Notification dated 20.1.2010 bringing into force CERC (Power

Market) Regulations 2010 in order to bring forward contract in electricity within its jurisdiction.

After hearing the matter at length, the Hon’ble Bombay High Court directed that Union of India

(UOI) should also be impleaded through Cabinet Secretary, New Delhi and the Secretary,

Ministry of Law and Justice, New Delhi and their say in the matter be filed. Thereafter the

Hon’ble High Court delivered its Judgment on 7.2.2011 declaring, inter alia, the CERC (Power

Market) Regulation 2010 inoperative so far as futures contract in electricity is concerned. The

Court also quashed and set aside the CERC orders dated 28.4.2009 and 11.1.2010 so far as

reasoning and direction with regard to futures / forward contract in electricity. The Court has,

further, declared that the Petitioner FMC and authority / Commission under it have no sole and

exclusive jurisdiction to regulate and control forward trading / futures contract in electricity and

also CERC and authorities / commission under it.SLPs filed in the Supreme Court against this

order are pending.

4.5.3 M/s. Bhagwan Das Rameshwar Dayal & Anr. Filed Writ Petition No. 56509 of 2009

before the Allahabad High Court for restoration of its trading rights in the Chamber of

Commerce, Hapur. The Union of India (UoI) and FMC were impleaded as Respondent in the

W.P. The Commission filed counter affidavit before the Allahabad High Court. Subsequently the

Petitioner filed application for withdrawal of the Writ Petition.

4.5.4 M/s. Axis Overseas Ltd. filed Writ Petition No. 770 of 2009 before the Calcutta High

Court seeking declaration of the provisions contained in the Rules, Bye-laws and Business Rules

of the MCX dealing with determination of Due Date Rate as illegal, null and void. The UoI and

FMC were impleaded as Respondents in this case. The Commission filed a counter affidavit.

The Hon’ble High Court dismissed the said Writ Petition on 3.8.2010.

4.5.5 M/s. Yashdeep Trexim Pvt. Ltd., filed Writ Petition No. 904 of 2005 before the Calcutta

High Court seeking, inter alia, withdrawal of the recognition granted to the National Multi

Commodity Exchange Ltd (NMCE); suspension of the trading rights of Collin Traders Pvt. Ltd.

(a Member of NMCE) and directions to the Respondents for fixing settlement price of raw jute on

the basis of the rates of the Jute Corporation of India and the East India Jute and Hessian

Exchange and Jute Traders Association. The UOI and FMC were impleaded as Respondents

respectively. Subsequently, the petitioners, in the year 2010, informed NMCE that they will not

proceed with the Writ Petition and that they are instructing their Advocates to withdraw the said

Writ Petition unconditionally.

4.5.6 M/s. Mira Bhayander Jagruti Sansthan filed a Public Interest Litigation – PIL No. 50 of

2010 before the Bombay High Court seeking directions to implement application of Sales Tax on

futures contracts traded on the Commodity Exchanges. The UOI and FMC were impleaded as

Respondents alongwith Commodity Exchanges and Government of Maharashtra. The

Commission filed counter affidavit and the Learned Additional Solicitor General appeared on

behalf of the Commission. The Honourable Bombay High Court dismissed the PIL at admission

stage.

46

CHAPTER V

ADMINISTRATION AND BUDGET

The Commission comprises of Chairman Shri.Ramesh Abhishek, IAS and Shri. D. S.

Kolamkar, IES Member of the Commission.

5.1 The functioning of the Commission is done through five divisions, as given in Chapter I.

5.1.1 The group-wise composition of sanctioned strength of the commission is given in Table-

1 at page 47.

5.1.2 The number of Officers and staff belonging to S.C., S.T, Ex-servicemen, OBC, and

Physically Handicapped categories in the Commission is at Table 2 on page 49.

5.1.3 There is one visually handicapped person and one orthopaedically handicapped person in

this office. There are neither separate budgetary provisions made for the benefit of persons with

the disability nor any special scheme for the benefit of such persons in this office. A statement

giving the details of persons with disability in the different groups viz, ‘A’,’B’,’C’,’D’, is given

at Table 2 on page 49.

5.1.4 A committee for hearing grievances of women regarding sexual harassment at work place

has been constituted in this office.

5.2 Budget The Budget Estimates of the Commission for the last five years and actual expenditure

incurred there against are given below:-

PLAN– BUDGET ESTIMATES FOR THE LAST FIVE YEARS.

Year

Budget grant (Revised) (`̀̀̀ Lakhs)

Actual Expenditure (`̀̀̀ Lakhs)

PLAN NON-PLAN PLAN NON-PLAN

2006-07 200 352 156.29 278.58

2007-08 1000 387 241.89 284.82

2008-09 400 467 331.51 406.37

2009-10 805 537.30 719.31 512.71

2010-11 1053 601 922.45 474.68

5.3 Implementation of Official Language policy of the Government.

47

In order to implement Official Language Policy, Official Language Act 1963 and Official

Language Rules 1976, effectively, the Commission took number of initiatives. Quarterly

meetings of Official Language Implementation Committee were held regularly under the

Chairmanship of the Chairman, FMC. Progress made in different areas of operation was reviewed

in the presence of senior officers of the Commission. Commission is poised to achieve the target

fixed in the Annual Programme. Hundred percent compliance of section 3(3) of Official

Language Act 1963 was ensured. Rule 5 and 7 of Official Language Rules 1976 was complied

with and proper check points have been devised to monitor the progress of Hindi. Four Hindi

workshops were organized during the year and officials were briefed about statutory provisions

with respect to the Official Language.

During Hindi fortnight celebrations, which were observed from 2nd

Sept. to 16th Sept.

2010 various competitions were organized for the staff and they were honored with cash prizes

and certificates. Proper representation of the Commission was ensured in various forums viz

Hindi Advisory Committee and Town Official Language Implementation Committee etc.

TABLE - I

STATEMENT SHOWING THE STAFF POSITION (AS ON 31st March 2011)

Forward Markets Commission, Mumbai

Number of Post(s) S.

No.

Name of Post Group

(Gazetted/Non-Gazetted) and Pay Band + Grade Pay

Sanctioned

In posit

ion

Vacant

1. 2. 3. 4. 5.

1. Chairman HAG Rs.80000/- fixed

1 1 -

2. Member `̀̀̀ 37400-67000 - 10000

2 2 -

Group A

3. Economic Adviser, FMC

` 37400-67000 - 10000

1 1 -

4. Director,IES

` 15600-39100 + 8700

Director (Ex-cadre)

` 15600-39100 + 8700.

Director (Ex-cadre)

` 15600-39100 + 7600

1

12

1

7*

-

5

6. A. Deputy Director (Gr.III

IES) ` 15600-39100 + 6600

5 2 3

B. Deputy Director(Ex-cadre)

15600-39100 + 6600

13 7 6

7. (A) Assistant Director (Ex

cadre)

` 15600-39100 + 5400

(B) Assistant Director

(Grade IV IES)

` 15600-39100 + 5400

14

5

12

-

2

5

Total Group ‘A’ 54 33 21

GROUP ‘B’

48

Number of Post(s) S. No.

Name of Post Group (Gazetted/Non-Gazetted)

and Pay Band + Grade Pay Sanctioned

In position

Vacant

1. 2. 3. 4. 5.

8. (C) Hindi Officer

` 15600-39100 + 5400

Assistant Secretary

` 9300-34800 + 4600

1

1

1

-

-

1

9. Senior P.S.

` 9300-34800 + 4800

1 1 -

10. Private Secretary

` 9300-34800 + 4200

2 2 -

11. Economic Officer

` 9300-34800 + 4600

13 5 08 *

Total ‘B’ Gazzetted 18 9 9

12. GROUP ‘B” Non-gazetted

Superintendent `̀̀̀ 9300-34800 + 4200

1

-

1

Total ‘B’ Non-gazetted 1 - 1

GROUP ‘C’

13. Deputy Superintendent

` 9300-34800 + 4200

1 1 -

14. Stenographer Grade I

` 9300-34800 + 4200

2 - 2

15. Translator (Mudia)

` 9300-34800 + 4200

1 - 1

16. Translator (Gujarati)

` 9300-34800 + 4200

1 1 -

17. Jr. Hindi Translator

` 9300-34800 + 4200

2 1 1

18. Junior Research Assistant

` 9300-34800 + 4200

12 10 2

19. Stenographer Gr.II

` 9300-34800 + 4200

2 2 -

20. Assistant

` 9300-34800 + 4200

2 2 -

21. Stenographer Gr.III

` 4000-100-6000

5 - 5

22. Upper Division Clerk

` 5200-20200 + 2400

7 4 3

23. Lower Division Clerk

` 5200-20200 + 1900

6 6 --

24. HindiTypist5200-

20200+1900

1 1 -

25. Staff Car Driver

` 5200-20200 + 1800

1 - 1

26. Computor

` 5200-20200 + 1900

4 1

3

Total of Group ‘C’ 47 29 18

GROUP ‘D’

27. Gestetner Operator

` 5200-20200 + 1800

1

1 -

49

Number of Post(s) S. No.

Name of Post Group (Gazetted/Non-Gazetted)

and Pay Band + Grade Pay Sanctioned

In position

Vacant

1. 2. 3. 4. 5.

28. Daftary

` 5200-20200 + 1800

3 3 -

29. Sr. Peon

` 5200-20200 + 1800

1 1 -

30. Peon

` 5200-20200 + 1800

7 2 5

31. Hamal

` 5200-20200 + 1800

1 - 1

32. Safaiwala

` 5200-20200 + 1800

2 2 -

Total Group ‘D’

15 9 6

TOTAL:(A+B+C+D) 135 80 55

TABLE - II

STATEMENT SHOWING THE REPRESENTATION OF SC/ST/OBC/PH/VH/EXM OF OFFICERS

(AS ON 31st March 2011)

Number of employees of Col.3

belonging to

Group of

post

Sanction

ed post

Total

number of

employees in position

PH

SC ST OBC

VH

HH

OH

EX

M

Women

Employees in position

1 2. 3 4 5 6 7 8 9 10 11

Group A

(Gazetted)

54

33

3

-

2

1

-

-

-

11

Group B Gazetted

18 9 1 - 3 - - - - 2

Group B Non-

Gazetted

1 - - - - - - - - -

Group C 47 29 5* - 3 1* - - 1 9

Group D 15 9 2 ** 2 1 2*

*

- - - 3

TOTAL

135 80

11 2 9 4 - 1 1 25

50

VH –Visually Handicapped

HH – Hearing Handicapped OH – Orthopedically Handicapped

EXM – Ex-serviceman There are 39 temporary posts which are filled up for which yearly approval is required to be obtained from the Ministry. The Recruitment Rules for the said posts are pending for

approval from the ministry. Hence, the bifurcation of SC/ST/OBC is not mentioned for these posts.

*One group C employee is SC as well as VH **One Group D employee is SC as well as VH.

51

Annexure I

LIST OF COMMODITIES NOTIFIED UNDER SECTION 15 OF THE F.C. (R.) ACT 1952.

Sl. No. Commodity Sl. No. Commodity

(I) FOOD GRAINS AND PULSES

(III) SPICES

1 Arhar Chuni 60 Aniseed

2 Bajra 61 Betelnuts

3 Barley 62 Cardamom

4 Gram 63 Chillies

5 Gram Dal 64 Cinnamon

6 Guar 65 Cloves

7 Jowar 66 Coriander seed

8 Kulthi 67 Ginger

9 Lakh (Khesari) 68 Methi

10 Maize 69 Nutmegs

11 Masur 70 Pepper

12 Moth 71 Turmeric

13 Mung (IV) METALS

14 Mung Chuni 72 Copper

15 Mung Dal 73 Zinc

16 Peas 74 Lead

17 Ragi 75 Tin

18 Rice or Paddy 76 Gold

19 Small Millets (Kodan

Kulti, Kodra, Korra,

Vargu, Sawan, Rala,

Kakun, Samai, Vari &

Banti)

77 Silver

20 Tur Dal (Arhar Dal) 78 Silver Coins

21 Tur(Arhar) (V) FIBRES AND MANUFACTURES

22 Urad (Mash) 79 Art Silk Yarn

23 Urad dal 80 Cotton Cloth

24 Wheat 81 Cotton pods

(II) OILSEEDS AND OILS 82 Cotton Yarn

25 Celeryseed 83 Indian Cotton (Full pressed, half

pressed or loose)

26 Copra Oil/Coconut Oil 84 Jute goods (Hessian and

Sackings and cloth and /or bags,

twines and/or yarns mfd by any

of the mills and/or any other

manufacturers of whatever nature

made from jute)

27 Copra Oilcake / Coconut

Oilcake 85 Kapas

28 Copra/Coconut 86 Raw Jute (including Mesta)

29 Cottonseed 87 Staple Fibre Yarn

30 Cottonseed Oil (VI) OTHERS

31 Cottonseed Oilcake 88 Camphor

32 CPO Refined 89 Castor seed

52

Sl. No. Commodity Sl. No. Commodity

33 Crude Palm Oil 90 Chara or Berseem (including

chara seed or berseem seed)

34 Crude Palm Olive 91 Crude Oil

35 Groundnut 92 Gram Husk (Gram Chilka)

36 Groundnut Oil 93 Gur

37 Groundnut Oilcake 94 Khandsari Sugar

38 Linseed 95 Polymer

39 Linseed oil 96 Potato

40 Linseed Oilcake 97 Rubber

41 Rapeseed Oil/Mustard

Oil 98 Seedlac

42 Rapeseed Oilcake/

Mustardseed Oilcake 99 Shellac

43 Rapeseed/Mustardseed 100 Sugar

44 RBD Palmolein 101 Furnace Oil

45 Rice Bran 102 Ethanol

46 Rice Bran Oil 103 Cooking Coal

47 Rice Bran Oilcake 104 Electricity

48 Safflower 105 Natural Gas

49 Safflower Oil 106 Onion

50 Safflower Oilcake 107 Corban Credit

51 Sesamum (Til or Jiljilli) 108 Thermo coal

52 Sesamum Oil 109 Methanol

53 Sesamum Oilcake 110 Melted Menthol Flakes

54 Soy meal 111 Mentha Oil

55 Soy Oil 112 Menthol Crystals

56 Soybean 113 Iron Ore

57 Sunflower Oil

58 Sunflower Oilcake

59 Sunflower Seed

53

Annexure II

List of the Exchanges

S.No. Name of the Exchanges

A. National Multi Commodity Exchanges

1 National Multi Commodity Exchange of India Ltd., Ahmedabad (NMCE)

2 Multi Commodity Exchange of India Ltd., Mumbai (MCX)

3 National Commodity & Derivatives Exchange Ltd., Mumbai (NCDEX)

4 Indian Commodity Exchange Ltd., Mumbai (ICEX)

5 ACE Derivatives and Commodity Exchange, Ahmedabad

B. Commodity Specific Regional Exchanges

6 Bikaner Commodity Exchange Ltd, Bikaner

7 Bombay Commodity Exchange Ltd, Mumbai

8 Central India Commercial Exchange Ltd, Gwalior

9 Cotton Association of India, Mumbai

10 The Chember of Commerce, Hapur

11 East India Jute & Hessian Exchange Ltd., Kolkata

12 First Commodity Exchange of India Ltd, Kochi

13 Haryana Commodities Ltd., Sirsa

14 India Pepper & Spice Trade Association, Kochi

15 The Meerut Agro Commodities Exchange Company Ltd, Meerut

16 National Board of Trade, Indore

17 Rajkot Commodity Exchange Ltd., Rajkot

18 Spices & Oilseeds Exchange Ltd, Sangli

19 Surendranagar Cotton Oil & Oilseeds Association Ltd, Surendranagar

20 The Rajdhani Oil & Oilseeds Exchange Ltd, Delhi

21 Vijai Beopar Chamber Ltd., Muzaffarnagar

54

Annexure III- (A)

(A) Trading Permissions granted to National Exchanges during the year.

1. MCX, Mumbai

Sr.

No. Commodities Contracts permitted

Date of

Permission

1 Copper

Feb.2011, April, June,

Aug., Nov 2011. 22/04/2010

2 Crude Oil January to Dec. 2011 22/04/2010

3 Gold

Feb.2011, April, June,

Aug.,Oct & Dec. 2011 22/04/2010

4 Silver

March 2011, May,

July, Sept, & Dec.

2011 22/04/2010

5 Silver Mini

March 2011, May,

July, Sept, & Dec.

2011 22/04/2010

6 Kapas April-11 16/04/2010

7 Aluninium January to Dec. 2011 3/8/2010

8 Cardamom January to Dec. 2011 3/8/2010

9 Chana January to Dec. 2011 3/8/2010

10 CER January to Dec. 2011 3/8/2010

11 Cotton January to Dec. 2011 3/8/2010

12 Crude Palm Oil January to Dec. 2011 3/8/2010

13 Gsoline January to Dec. 2011 3/8/2010

14 Gold Guinea January to Dec. 2011 3/8/2010

15 Gold Mini January to Dec. 2011 3/8/2010

16 Guar Seed January to Dec. 2011 3/8/2010

17 Heating Oil January to Dec. 2011 3/8/2010

18 Lead January to Dec. 2011 3/8/2010

19 Lead Mini January to Dec. 2011 3/8/2010

20 Mentha Oil January to Dec. 2011 3/8/2010

21 Natural Gas January to Dec. 2011 3/8/2010

22 Nickel January to Dec. 2011 3/8/2010

23 Platinum January to Dec. 2011 3/8/2010

24 Potato (Agra) January to Dec. 2011 3/8/2010

25 Refined Soy Oil January to Dec. 2011 3/8/2010

26 Soya Bean January to Dec. 2011 3/8/2010

27 Whet January to Dec. 2011 3/8/2010

28 Zinc January to Dec. 2011 3/8/2010

29 Zinc Mini January to Dec. 2011 3/8/2010

30 ATF January to June 2011 3/8/2010

31 Barley January to June 2011 3/8/2010

32 Coriander January to June 2011 3/8/2010

33 Imported Thermal Coal January to June 2011 3/8/2010

34 Kapsia Khali January to June 2011 3/8/2010

35 Meltede Menthol Flakes January to June 2011 3/8/2010

36 Mild Steel Ingot/ Biollets January to June 2011 3/8/2010

37 Rubber January to June 2011 3/8/2010

38 Tin January to June 2011 3/8/2010

55

Sr. No. Commodities Contracts permitted

Date of Permission

39 Turmeric January to June 2011 3/8/2010

40 Maize Feed/ Ind. Grade January to June 2011 4/10/2010

41 Potato (Tarkeshwar) March to Nov. 2011 11/10/2010

42

Almond (Non Pariel) Jhan, Feb., April, June,

Sept., Oct., Nov. &

Dec.2011 25/10/2010

43 Brent Crude Oil January to June 2011 25/10/2010

44 Gold Petal (New) January to June 2011 22/11/2010

45 Sugar M January to June 2011 24/12/2010

46 Red Chilli Feb. to Aug. 2011 5/1/2011

47

Cottonseed Wash Oil (New) Feb. to June 2011 7/1/2011

48 Iron Ore (New)

Feb, March, April and

May 2011 28/01/2011

49 Silver Micro (New) Feb. April and June

2011 4/2/2011

50 Aluminium Mini (New) March to June 2011 17/02/2011

51 Sugar M July 2011 to Dec. 2011 9/3/2011

2. NCDEX

Sr. No. Commodities Contracts Permitted Date of

Permission

1 Brent Crude oil July 2010 to December 2010 7/4/2010

2 Gasoline July 2010 to December 2010 7/4/2010

3 Heating oil July 2010 to December 2010 7/4/2010

4 Lead July 2010 to December 2010 7/4/2010

5 V-797 Kapas Feb.2011,March 2011& April,2011 12/4/2010

6

Maize fed/Industrial

Grade June2010 to December 2010 6/5/2010

7 Aluminium July 2010 to December 2010 3/6/2010

8 Nickel July 2010 to December 2010 3/6/2010

9 Zinc July 2010 to December 2010 3/6/2010

10 Thermal Coal July 2010 to December 2010 3/6/2010

11 Crude Palm Oil Sept.2011 to June 2011 1/7/2010

12 Almond January 2011 to December 2011 3/8/2010

13 Castorseed January 2011 to December 2011 3/8/2010

14 Chana January 2011 to December 2011 3/8/2010

15 Chilli January 2011 to December 2011 3/8/2010

16 Copper Cathode January 2011 to December 2011 3/8/2010

17 Cottonseed oil cake January 2011 to December 2011 3/8/2010

18 Guargum January 2011 to December 2011 3/8/2010

19 Guarseed January 2011 to December 2011 3/8/2010

20 Gur January 2011 to December 2011 3/8/2010

21 Jeera January 2011 to December 2011 3/8/2010

22

Maize fed/Industrial

Grade January 2011 to December 2011 3/8/2010

23 Natural Gas January 2011 to December 2011 3/8/2010

24 Pepper January 2011 to December 2011 3/8/2010

25 Rapeseed/Mustardseed January 2011 to December 2011 3/8/2010

26 Refined Soy oil January 2011 to December 2011 3/8/2010

56

Sr. No. Commodities Contracts Permitted Date of Permission

27 Soyabean January 2011 to December 2011 3/8/2010

28 Steel Long January 2011 to December 2011 3/8/2010

29 Turmeric January 2011 to December 2011 3/8/2010

30 Wheat January 2011 to December 2011 3/8/2010

31 Barly January 2011 to December 2011 3/8/2010

32 Coriender January 2011 to December 2011 3/8/2010

33 Potato January 2011 to December 2011 3/8/2010

34 Light Sweet Crude Oil January 2011 to December 2011 3/8/2010

35 Silver(30kg) January 2011 to December 2011 3/8/2010

36 Silver(5kg) January 2011 to December 2011 3/8/2010

37 Gold (1kg) January 2011 to December 2011 3/8/2010

38 Gold(100gms) January 2011 to December 2011 3/8/2010

39 Brent Crude oil January 2011 to June 2011 3/8/2010

40 Heating oil January 2011 to June 2011 3/8/2010

41

Mustard Oil (Kacchi

ghani) January 2011 to June 2011 3/8/2010

42 Lead January 2011 to June 2011 3/8/2010

43 Mentha oil January 2011 to June 2011 3/8/2010

44 Nickel Cathode January 2011 to June 2011 3/8/2010

45 Gasoline January 2011 to June 2011 3/8/2010

46 Zinc Ingots January 2011 to June 2011 3/8/2010

47 Platinum January 2011 to June 2011 3/8/2010

48 Tharmal Coal January 2011 to June 2011 3/8/2010

49 Sugar M & S January 2011 to June 2011 24/12/2010

50 Rubber Feb. 2011 to June 2011 24/1/2011

51 Polyvinvl Chloride March 2011 to August 2011 17/2/2011

52 V797-Kapas Feb.2012,March 2012 & April 2012 18/2/2011

3. NMCE, Ahmedabad

Sr. No. Commodities Contracts permitted Date of permission

1 Pepper Jan. 2011 to Dec. 2011 15.07.2010

2 Castor Seed Jan. 2011 to Dec. 2011 4.08.2010

3 Copro Jan. 2011 to Dec. 2011 4.08.2010

4 Chana Jan. 2011 to Dec. 2011 4.08.2010

5 Coffee Rep Bulk Jan. 2011 to Dec. 2011 4.08.2010

6 Guar Gum Jan. 2011 to Dec. 2011 4.08.2010

7 Guar Seed Jan. 2011 to Dec. 2011 4.08.2010

8 Isabgul seed Jan. 2011 to Dec. 2011 4.08.2010

9

Rape/ Mustard

Seed Jan. 2011 to Dec. 2011 4.08.2010

10 Rubber Jan. 2011 to Dec. 2011 4.08.2010

11 Sacking Jan. 2011 to Dec. 2011 4.08.2010

12 Soy Oil Jan. 2011 to Dec. 2011 4.08.2010

13 Turmeric Jan. 2011 to Dec. 2011 4.08.2010

14 Raw Jute Jan. 2011 to Dec. 2011 4.08.2010

15 Kalyn Kapas Jan. 2011 to Dec. 2011 4.08.2010

16 Aluminium Jan. 2011 to Dec. 2011 4.08.2010

17 Lead Jan. 2011 to Dec. 2011 4.08.2010

18 Nickel Jan. 2011 to Dec. 2011 4.08.2010

57

Sr. No. Commodities Contracts permitted Date of permission

19 Zinc Jan. 2011 to Dec. 2011 4.08.2010

20 Copper Jan. 2011 to Dec. 2011 4.08.2010

21 Kilo Gold Jan. 2011 to Dec. 2011 4.08.2010

22 Silver Jan. 2011 to Dec. 2011 4.08.2010

23

Gold

Guinea(8gms) Jan. 2011 to Dec. 2011 4.08.2010

24 Cardamom Jan 2011 to June 2011 4.08.2010

25 Wheat Jan 2011 to June 2011 4.08.2010

26 Menthol Crystal Jan 2011 to June 2011 4.08.2010

27 Gold Jan. 2011 to June 2011 4.08.2010

28 Mentha Oil

March 2011 to June

2011 1.03.2011

29

Sugar-S & Sugar-

M

March 2011 to June

2011 3.03.2011

4. ICEX.

Sr. No. Commodities

Contracts Permitted Date of permission

1 Chana

July 2010 toDec.

2010 15/06/2010

2 Raw Jute

July 2010 toDec.

2010 15/06/2010

3 Mentha Oil

July 2010 toDec.

2010 15/06/2010

4 Copper Cathode

Feb.2011 to Nov.

2011 23/06/2010

5 Gold

Feb.2011 to Nov.

2011 23/06/2010

6 Silver - 5 Kg.

Feb.2011 to Nov.

2011 23/06/2010

7 Gold 100 Gms.

Jan. 2011 to Dec.

2011 3/11/2010

8 Crue Oil

Jan. 2011 to Dec.

2011 3/11/2010

9 Natural Gas

Jan. 2011 to Dec.

2011 3/11/2010

10 Lead

Jan. 2011 to Dec.

2011 3/11/2010

11 Refind Soy Oil

Jan. 2011 to Dec.

2011 3/11/2010

12 Raw Jute

Jan 2011 to Dec.

2011 3/11/2010

13 Mentha Oil

Jan 2011 to Dec.

2011 3/11/2010

14 Mustrd Seed

Jan 2011 to Dec.

2011 6/12/2010

15 Soyabean

Jan 2011 to Dec.

2011 6/12/2010

16 Iron Ore (New)

March, April, May

and June 2011 28/01/2011

58

5. ACE, Ahmedabad

Sr. No. Contracts Details of Contracts Date

1 Mustardseed December 2010 to June 2010 26/10/2010

2

Refined Soy

oil December 2010 to June 2010 26/10/2010

3 Castorseed December 2010 to June 2010 26/10/2010

4 Chana December 2010 to June 2010 26/10/2010

5 Soyabean December 2010 to June 2010 26/10/2010

6 Copper January 2011 to June 2011 7/12/2010

7 Crude oil January 2011 to June 2011 7/12/2010

8 Silver January 2011 to June 2011 7/12/2010

9 Gold January 2011 to June 2011 7/12/2010

10 Sugar (M) January 2011 to June 2011 24/12/2010

11 Mustardseed July 2011 to December 2011 28/2/2011

12 Chana July 2011 to December 2011 28/2/2011

13

Refined Soy

oil July 2011 to December 2011 28/2/2011

14 Soyabean July 2011 to December 2011 28/2/2011

(B) Trading Permissions granted to the Regional Exchanges

S.No. Name of the

Exchange

Name of the commodities

Name of the deliveries Date of permission

1. ACE Ltd.,

Ahmedabad

Castor seed October 2010 and

December 2010

10.5.2010

2. BCE Ltd.,

Bikaner

Guar seed June 2010

30.4.2010

Guar seed July 2010 19.5.2010

Guar seed August 2010 and

September 2010

15.6.2010

Guar seed October 2010 19.8.2010

Guar seed November 2010 30.9. 2010

Guar seed January 2011 25.10. 2010

Guar seed March 2011 24.12. 2010

Guar seed May 2011 18.2. 2011

3. BCE Ltd.,

Mumbai

Castor seed March 2011, June 2011,

September 2011 and

December 2011

8.12. 2010

4. CICE Ltd.,

Gwalior

Mustard seed August 2010 1.4. 2010

Mustard seed November 2010 3.6. 2010

May 2011 1.10. 2010

5. COC,

Hapur

Gur July 2010 and

December 2010

10.5. 2010

Gur March 2011 9.11. 2010

Gur May 2011 7.2. 2011

Mustard seed September 2010 and

November 2010

15.6. 2010

59

S.No. Name of the

Exchange



Mustard seed January 2011 28.10. 2010

Mustard seed March 2011 and May

2011

24.12. 2010

6. EIJHE,

Kolkata

TSD – Jute

Goods i.e

Hessian and

Sacking

July – September 2010 10.5. 2010

TSD – Jute

goods

October - December

2010

5.8. 2010

TSD – Jute

goods

January 2011 – March

2011

4.10. 2010

TSD – Jute

goods

April 2011 – June 2011 9.12. 2010

7. FCEI Ltd.,

Kochi

Copra and

Coconut oil

December 2010,

January 2011, February

2011 and March 2011

19.7. 2010

April 2011, May 2011,

June 2011 and July

2011

10.12. 2010

8. HCL, Sirsa Mustard seed July 2010 and

September 2010

19.4. 2010

Mustard seed May 2011 and July

2011

8.3. 2011

Mustard seed November 2010 and

January 2011

26.8. 2010

Cotton seed

oil cake

July 2010 and

September 2010

19.4. 2010

Cottonseed

oil cake

November 2010 and

January 2011

26.8. 2010

Cottonseed

oil cake

May 2011 and July

2011

10.3. 2011

9. IPSTA,

Kochi

Pepper MG-

1

December 2010,

January 2011 and

February 2011

15.6. 2010

Pepper MG-

1

March 2011, April 2011

and May 2011

8.9. 2010

Pepper MG-

1

June 2011, July 2011

and August 2011

24.12. 2010

Pepper MG-

1

September 2011,

October 2011 and

November 2011

28.2. 2011

10. MACE

Ltd.,

Meerut

Gur December 2010 3.6. 2010

60

S.No. Name of the

Exchange



Gur March 2011

3.12. 2010

Gur May 2011

14.2. 2011

11. NBOT,

Indore

Soya oil,

Soya meal

and Soya

bean

July 2010 8.4. 2010

Soya oil

Soya meal

Soya bean

August 2010

August 2010

August 2010,

September 2010,

October 2010 and

November 2010

21.5. 2010

Soya oil and

Soya meal

September 2010 and

October 2010

7.7. 2010

Soya oil and

Soya meal

November 2010 28.7. 2010

Soya oil,

Soya meal

and Soya

bean

December 2010 19.8. 2010

Soya oil January 2011 and

February 2011

29.10. 2010

March 2011 9.12. 2010

Soya meal January 2011 and

February 2011

29.10. 2010

March 2011 9.12. 2010

Soya bean January 2011, February

2011 and March 2011

29.10. 2010

Soya oil,

Soya meal

and Soya

bean

April 2011, May 2011,

June 2011, July 2011,

August 2011 and

September 2011

3.3. 2011

Mustard seed September 2010,

November 2010,


2011 and May 2011

14.7. 2010

Mustard seed September 2010,

November 2010,


2011 and May 2011

14.7. 2010

12. RCEL,

Rajkot

Castor seed September 2010 and

December 2010

13.4. 2010

March 2011, June 2011,

September 2011 and

December 2011

11.10. 2010

61

S.No. Name of the

Exchange



Soyabean oil August 2010,

September 2010 and

October 2010

1.7. 2010

December 2010,

January 2011 and

February 2011

2.11. 2010

13. SCOA Ltd.,

Surendra

-nagar

Kapas April 2011

2.8. 2010

14. ROOE,

Delhi

Mustard seed August 2010 13.4. 2010

Mustard seed November 2010 14.7. 2010

Mustard seed February 2011 28.10. 2010

Mustard seed May 2011 7.2. 2011

Gur March 2011 24.12. 2010

Gur May 2011 15.2. 2011

15. VBC,

Muzaffar

-nagar

Gur July 2010 6.4. 2010

Gur December 2010 25.5. 2010

Gur March 2011 8.11. 2010

Gur May 2011 25.3. 2011

62

Annexure IV

Open Interest Limits in Agri-Commodities Contracts.

S.No. Commodity Unit Open Interest Limit

Aggregate(all contract months)

Delivery(Near) month

Member * Client Member * Client

1 2 3 4 5 6 7

Major Food Items

1 Chana (Gram) MT 1,00,000 20,000 20,000 4,000

2 Potato MT 1,00,000 20,000 15,000 3,000

3 Rape/Mustard seed MT 1,25,000 25,000 35,000 7,000

4 Soya seed MT 1,50,000 30,000 40,000 8,000

Major Food Items (contd.)

5 Refined Soya Oil MT 1,25,000 25,000 30,000 6,000

6 Wheat MT 1,00,000 20,000 25,000 5,000

7 CPO MT 1,25,000 25,000 40,000 8,000

8 Maize MT 1,00,000 20,000 25,000 5,000

Minor Food items

9 Jeera MT 3,000 600 1,000 200

10 Pepper MT 4,500 900 1,500 300

11 Red Chilli MT 12,500 2,500 4,000 800

12 Turmeric MT 20,000 4,000 5,000 1,000

13 Cardamom MT 800 160 200 40

Major Non-Food Items

14 Cotton Cake MT 1,00,000 20,000 25,000 5,000

Minor Non-Food Items

15 Guar Gum MT 5,000 1,000 1,000 200

16 Guar Seed MT 15,000 3,000 5,000 1,000

17 Castor seed MT 40,000 8,000 10,000 2,000

18 Coriander MT 7,500 1,500 2,500 500

NB: * A member’s open interest limit at aggregate (all contracts) level will be either the absolute

number indicated above or 15% of the total market wide open position in the commodity,

whichever is higher. In case of delivery (near) month, a member’s open interest limits will be

either the absolute number indicated above or 15% of the total near month open position in the

commodity, whichever is higher.

These revised limits were made effective from 25.2.2011.

63

Annexure -V

Open Interest Limits in Non-agri-Commodities Contracts.

S.No. Commodity Unit Aggregate (all contract

months) Limits on Open Positions

Member* Client

A Precious Metals

1 Gold MT 12.5 2.5

2 Silver MT 300 60

3 Platinum Kg. 750 150

B Metals

4 Aluminium MT 75,000 15,000

5 Copper MT 25,000 5,000

6 Tin MT 2,200 440

7 Nickel MT 3,000 600

8 Zinc MT 18,000 3,600

9 Lead MT 9,000 1,800

C Energy Products

10 Aviation Turbine Fuel Barrels 30,00,000 6,00,000

11 Brent Crude Oil Barrels 20,00,000 4,00,000

12 Crude Oil Barrels 24,00,000 4,80,000

13 Natural Gas mmBtu 300,00,000 60,00,000

14 Thermal Coal MT 20,00,000 4,00,000

D Environment

15 Certified Emission

Reduction (CER)

MT 25,00,000 5,00,000

16 CFI MT 25,00,000 5,00,000

E Industrial Products

17 Steel-Long (G) MT 6,00,000 1,20,000

18 Heating Oil contracts 25,000 5,000

19 Gasoline contracts 25,000 5,000

NB: * A member’s open interest limit at aggregate (all contracts) level will be either the absolute

number indicated above or 15% of the total market wide open position in the commodity,

whichever is higher.

These limits were made effective from 11th March, 2011.

64

Annexure - VI

Guidelines for facilitating fixation of Due Date Rate for Commodity Specific (Regional) Exchanges:

The Exchange shall constitute a DDR Committee which will be a committee of the Board

and would comprise of at least 50% members who are other than the trading members.

Secretary/Executive Director of the Exchange would be Member Secretary of the DDR

Committee. Besides, top two members holding highest long and highest short position,

respectively, shall be invited as observers at the time of fixing of DDR by the Committee. If top

two members holding highest long and highest short position are not available /are not willing to come, then authorized representatives of the highest long/short position holder may be called as observers in the Committee meeting. Since bye-laws of the Exchanges at

present do not provide for constitution of “Due Date Rate Committee” for fixing due date rate,

the Exchanges are accordingly required to effect suitable amendments to their bye-laws to that

effect. All the prescribed processes relating to DDR fixation must be followed by the DDR

Committee.

DDR Committee would decide the names of at least 15 entities / persons of various trade

interests from upcountry markets for forming Spot Polling Price Panel. “Upcountry” means the

centers that have been indicated in the bye-laws of the Exchange. The said panel would be

reviewed after one year for exclusion/inclusion of panelists. At least 20% of the panelists will be

changed every year. The committee will ensure that the entities/persons forming polling panel

should not be related /connected to each other or to the DDR committee members or to Directors

of the Exchange. It means that the entities should not have any cross shareholding, family

relationship and commercial relationship among themselves, and with the DDR committee members or with the Directors of the Exchange.

The spot rates would be collected from panelists on the polling panel on daily basis,

starting with three days prior to the due date of the contract, so that the trade would be aware of

likely price trend beforehand. This information must be disseminated to trade and be placed on

the notice board of the exchange on daily basis.

The spot prices should be polled over phones (with speaker on) in front of all the DDR

Committee members present, including top two members holding the highest long and highest

short position. While making telephonic calls, voice recording in electronic form shall be

maintained for a period of six months (In other words, audio recording of making calls has to be

done and records maintained for minimum of six months).

Average of the spot prices of last three days, on which spot prices are available, prior to

the due date but not earlier than seven days would be considered for fixing DDR. The rates would

be polled once a day during 1.00 p.m. to 4.00 p.m. in order to capture this most active trade time

DDR has to be arrived by the DDR Committee in terms of the procedure prescribed

therefore in the relevant bye-laws and these guidelines, and then recommended to the Board of

the Exchange for its final approval. On the recommendations of DDR Committee, the Board may,

in their discretion, as deemed fit; provide its approval to DDR recommended by the DDR

65

Committee. If the Board wishes to modify DDR proposed by the DDR Committee for cogent and

sufficient reason(s), the same shall be duly recorded in the minutes of the Board along with the

full justification. Once DDR is fixed, it shall be announced immediately in the trading ring and

displayed on the notice board and website of the Exchange. All the responsibilities relating to

fixation of DDR shall be that of the Board.

All the records of DDR fixation of each contract would be maintained for 6 months. The

proceedings of DDR fixation of each contract would be sent to the Commission on the same day

(due date) by fax.

Annexure VII - A Details of Awareness Programmes organized during the year 2010-11

S. No. Name of the lead Exchange

Category Place Date

1 NCDEX, Mumbai Traders Dehradhun, Uttaranchal 3.4.2010

2 NCDEX, Mumbai Traders &

Farmers

Dimapur, Nagaland

9.4.2010

3 NCDEX, Mumbai Traders Mandi Gobindgarh

Punjab

10.4.2010

4 MCX, Mumbai General Rajamundry, AP 13.4.2010

5 NCDEX, Mumbai Traders Rajkot, Gujarat 15.4.2010

6 NCDEX, Mumbai Members and

Traders

Kanpur, Uttar Pradesh 16.4.2010

7 MCX, Mumbai General Chalkere, Chitradurga

District, Karnataka

16.4.2010

8 NCDEX, Mumbai Traders Indore, Madhya Pradesh 20.4.2010

9 NCDEX, Mumbai

Steel Traders Chennai IFMR,

Tamil Nadu

30.4.2010

10 NCDEX, Mumbai Mandi Board Raipur Chattisgarh 3.5.2010


Farmers

Begusarai Bihar

3.5.2010

12 MCX-GSK Farmers Vill: Jamni; Chikni Branch

Post Office (Deoli GSK,

Wardha, Maharashtra)

3.5.2010

13 MCX-GSK Farmers Vill: Digadoha, Sonegaon

Branch Post Office (Deoli

GSK, Wardha, Maharashtra)

4.5.2010

14 MCX-GSK Farmers Vill: Falhapur, Andori



4.5.2010

15 NCDEX, Mumbai Members &

Traders

Patna, Bihar 4.5.2010

16 MCX Mumbai Farmers, Traders,

Retail clients

Kancheepuram

Tamil Nadu

5.5.2010

17 MCX-GSK Farmers Vill: Adegaon, Gaul Branch



5.5.2010

18 MCX-GSK Farmers Vill: Ratnapur Bhidi Branch



5.5.2010

19 MCX-GSK Farmers Vill: Esapur Nandora Branch



6.5.2010

66


Category Place Date

20 MCX-GSK Farmers Vill: Dhighi, Selsura Branch



6.5.2010

21 NCDEX, Mumbai Traders Sultanbatheri Kerala 6.5.2010

22 NCDEX, Mumbai Traders Calicut, Kerala 7.5.2010

23 MCX, Mumbai Physical Traders

Neemuch

Madhya Pradesh

7.5.2010

24 MCX-GSK Farmers Vill: Nimagaon, Padegaon



8.5.2010


Farmers (Potato)

Kolar Karnataka 10.5.2010

26 MCX-GSK Farmers Pechlkar Branch Post Office

(Sardhana GSk, Meerut,

U.P.)

12.5.2010

27 MCX-GSK Farmers Majahidpur Branch Post

Office (Sardhana GSk,

Meerut, U.P.)

13.5.2010

28 MCX-GSK Farmers Raradhana Branch Post


Meerut, U.P.)

13.5.2010

29 MCX-GSK Farmers Choru Branch Post Office


U.P.)

14.5.2010

30 MCX-GSK Farmers Kaland Branch Post Office


U.P.)

14.5.2010

31 MCX-GSK Farmers Baparsi Branch Post Office


U.P.)

15.5.2010

32 MCX-GSK Farmers Malahra Branch Post Office


U.P.)

15.5.2010

33 NMCE Ahmedabad Hedgers Mumbai, MS 15.5.2010

34 MCX-GSK Farmers Chhabariya Branch Post


Meerut, U.P.)

16.5.2010

35 MCX, Mumbai General Nasik, MS 17.5.2010

36 MCX-GSK Farmers Vill:Dewardra, Palsod

Branch Post Office (Akot

GSK, Akola, Maharashtra)

17.5.2010

37 MCX-GSK Farmers Chandikapur Branch Post

Office (Akot GSK, Akola,

Maharashtra)

18.5.2010

38 MCX-GSK Farmers Vill:Sukli, Mohala Branch

Post Office (Akot GSK,

Akola, Maharashtra)

18.5.2010

39 MCX-GSK Farmers Dhanora Branch Post Office

(Akot GSK, Akola,

Maharashtra)

19.5.2010

67


Category Place Date

40 MCX-GSK Farmers Vill:Belura, Umra Branch


Akola, Maharashtra)

19.5.2010

41 MCX-GSK Farmers Wadali Deshmukh Branch


Akola, Maharashtra)

20.5.2010

42 MCX-GSK Farmers Kavavsa (B) Branch Post

Office (Akot GSK, Akola,

Maharashtra)

20.5.2010


Traders (Steel)

Ahmedabad, Gujarat 20.5.2010

44 MCX, Mumbai General Bhubaneshwar, Orissa

21.5.2010

45 MCX-GSK Farmers Bordi Branch Post Office

(Akot GSK, Akola,

Maharashtra)

21.5.2010


Farmers – Chana

Gulburga, Karnataka 22.5.2010

47 NCDEX, Mumbai Traders Hapur, Uttar Pradesh 22.5.2010

48 NMCE, Ahmedabad Indian Bankers

Association


49 NCDEX, Mumbai Press - Journalist Indore, Madhya Pradesh 26.5.2010

50 MCX, Mumbai General Jaipur, Rajasthan 28.5.2010

51 NCDEX, Mumbai Traders Khanna – Punjab 29.5.2010

52 MCX, Mumbai PD Project Tripura 29.5.2010

53 MCX, Mumbai PD Project Manipur 31.5.2010

54 MCX, Mumbai General Durgapur, West Bengal 5.6.2010


Traders

Kolkata, West Bengal 5.6.2010


Brokers

Ranchi Jharkhand

10.6.2010

57 NCDEX, Mumbai APMC Official Ranchi Jharkhand 11.6.2010


Traders (Steel)

Hisar, Haryana 11.6.2010

59 MCX, Mumbai General Bikaner, Rajasthan 12.6.2010

60 NCDEX, Mumbai Students Chennai (TN) 16.6.2010

61 NMCE, Ahmedabad Students Ahmedabad, Gujarat 16.6.2010


Traders (Guar &

Spices)

Sikar, Rajasthan 19.6.2010

63 MCX-GSK Farmers Thulwasa Branch Post office

(Maharjganj GSK, Rae

Bareli, U.P.)

19.6.2010

64 MCX-GSK Farmers Sothi Branch Post office


Bareli, U.P.)

19.6.2010

65 MCX-GSK Farmers Bavan Bujurg Billa Branch

Post office (Maharjganj GSK,

Rae Bareli, U.P.)

20.6.2010

68


Category Place Date

66 MCX-GSK Farmers Jewna Branch Post office


Bareli, U.P.)

20.6.2010

67 NMCE, Ahmedabad

Media Bangalore, Karnataka 21.6.2010


Members

Surat, Gujarat 21.6.2010

69 MCX-GSK Farmers Kondhali Branch Post office

(Pandhurna GSK; Dist

Chindwara, M.P.)

22.6.2010

70 MCX-GSK Farmers Mordongari Branch Post

office (Pandhurna GSK; Dist

Chindwara, M.P.)

23.6.2010

71 MCX-GSK Farmers Vill: Bhuli, Mordongari

Branch Post office


Chindwara, M.P.)

24.6.2010

72 NMCE, Ahmedabad General Delhi 24.6.2010

73 MCX-GSK Farmers Ramjanpur (Paraiyanamaksar

Branch Post Office, Jais

GSK, RaeBareli, U.P.)

25.6.2010

74 MCX-GSK Farmers Pure Mitai (Babanpur Branch

Post Office, Jais GSK,

RaeBareli, U.P.)

25.6.2010

75 MCX-GSK Farmers Mangruli Branch Post office


Chindwara, M.P.)

25.6.2010

76 MCX-GSK Farmers Vill: Taroda, Jujharpur B.O.

(Itarsi GSK, M.P.)

25.6.2010


Traders

Warrangal (AP) 25.6.2010

78 MCX-GSK Farmers Makdoompur (Sandaha

Branch Post Office, Jais


26.6.2010

79 MCX-GSK Farmers Garha (Sujavariya) Branch

Post Office, Nasirabad GSK,

RaeBareli, U.P.)

26.6.2010


Traders (Steel)

Bangalore, Karnataka 26.6.2010


Traders

Guwahati, Assam 26.6.2010

82 MCX-GSK Farmers Lendori Branch Post office


Chindwara, M.P.)

26.6.2010

83 MCX-GSK Farmers Gurra Branch Post office

(Itarsi GSK, M.P.)

26.6.2010

84 MCX-GSK Farmers Saket Branch Post office

(Itarsi GSK, M.P.)

27.6.2010

69


Category Place Date

85 MCX-GSK Farmers Markawada Village,

Mangruli Branch Post office


Chindwara, M.P.)

27.6.2010

86 MCX-GSK Farmers Siratha Branch Post office


Chindwara, M.P.)

27.6.2010

87 MCX, Mumbai General Jaipur, Rajasthan 28.6.2010

88 MCX-GSK Farmers Lohariya Branch Post office

(Itarsi GSK, M.P.)

28.6.2010

89 MCX-GSK Farmers Kalandi Branch Post Office

(Sardhana GSK, Meerut,

U.P.)

28.6.2010

90 MCX-GSK Farmers Khushavali Branch Post

Office (Sardhana GSK,

Meerut, U.P.)

29.6.2010

91 MCX-GSK Farmers Jitkari Branch Post Office


U.P.)

29.6.2010

92 MCX-GSK Farmers Bagratawa Branch Post office

(Itarsi GSK, M.P.)

29.6.2010

93 MCX-GSK Farmers Ambada Branch Post office


Chindwara, M.P.)

29.6.2010

94 MCX-GSK Farmers Pardi Branch Post office


Chindwara, M.P.)

30.6.2010

95 MCX-GSK Farmers Vill: Mehendvadi; Bagratawa

Branch Post office (Itarsi

GSK, M.P.)

30.6.2010

96 MCX-GSK Farmers Salwa Branch Post Office


U.P.)

30.6.2010

97 MCX-GSK Farmers Raradhana Branch Post


Meerut, U.P.)

30.6.2010


Farmers

Hubli Karnataka

30.6.2010


Traders

Hanumangarh

Rajasthan

9.7.2010

100 MCX-GSK Farmers Mamurabad Branch Post

office (Jalgaon GSK,

Maharashtra)

12.7. 2010

101 MCX-GSK Farmers Idgaon Branch Post office

(Jalgaon GSK, Maharashtra)

13.7. 2010

102 MCX-GSK Farmers Vill Pure Deen, Matka

Branch Post Office, (Salon

GSK, RaeBareli,U.P.)

13.7. 2010

103 MCX-GSK Farmers Vill Basantganj, Beoli



13.7. 2010

70


Category Place Date

104 MCX-GSK Farmers Sankheda Branch Post

Office, (Itarsi GSK,

Hoshangabad, M.P.)

13.7. 2010

105 MCX-GSK Farmers Kalakhar Branch Post Office,

(Itarsi GSK, Hoshangabad

M.P.)

14.7. 2010

106 MCX-GSK Farmers Sontalai Branch Post Office,


M.P.)

14.7. 2010

107 MCX-GSK Farmers Vill Panahnagar, Dharai



14.7. 2010

108 MCX-GSK Farmers Vill Sarayn, Matarampur


GSK, Rae Bareli, U.P.)

14.7. 2010

109 MCX-GSK Farmers Dhamangaon Branch Post


Maharashtra)

14.7. 2010

110 MCX-GSK Farmers Fukhnagari Branch Post


Maharashtra)

15.7. 2010

111 MCX-GSK Farmers Vill Dubahan, Mohanganj


GSK,RaeBareli, U.P.)

15.7. 2010

112 MCX-GSK Farmers Vill Runipur, Mamuni



15.7. 2010

113 MCX-GSK Farmers Ghatli Branch Post Office,


M.P.)

15.7. 2010

114 MCX-GSK Farmers Vill Sonvarsi, Saket Branch

Post Office, (Itarsi GSK,

Hoshangabad M.P.)

15.7. 2010

115 MCX-GSK Farmers Tarsod Branch Post office

(Jalgaon GSK, Maharashtra)

16.7.2010

116 NCDEX, Mumbai Traders Sri Ganganagar

Rajasthan

16.7.2010

117 MCX, Mumbai General Khammam, AP 16.7.2010


Traders

Agra (UP) 17.7.2010

119 MCX-GSK Farmers Vill: Dhanora; Mohadi

Branch Post office (Jalgaon

GSK, Maharashtra)

17.7.2010

120 NCDEX, Mumbai Mandi officials

PD Project

Talegaon , Pune MS 22.7.2010

121 MCX, Mumbai Hedgers/Brokers/

Members and

Clients

Kolkata, WB 22.7.2010

71


Category Place Date

122 MCX-GSK Farmers Satkheda Branch Post office,

(Jewargi GSK, Gulbarga

Karnataka)

24.7. 2010

123 MCX-GSK Farmers Kattaisangavi Branch Post

office, (Jewargi GSK,

Gulbarga Karnataka)

24.7. 2010


Members


125 NMCE, Ahmedabad Regional and

National media


126 MCX, Mumbai Traders Suratgarh Rajasthan 31.7.2010


Traders

Bhavnagar, Gujarat 1.8.2010

128 MCX, Mumbai General Eluru (A.P.) 9.8.2010

129 MCX, Mumbai Students Aligarh, UP 11.8.2010


Traders

Bikaner, Rajasthan 12.8.2010

131 NMCE, Ahmedabad

Press Kochi, Kerala 12.8.2010


Traders

Pondicherry 14.8.2010

133 NCDEX, Mumbai Students VIM- Pune, MS 17.8.2010

134 MCX-GSK Farmers Karanja Branch Post office,

(Gondia GSK, Maharashtra)

17.8.2010

135 MCX-GSK Farmers Sawari Branch Post office,


17.8.2010

136 MCX-GSK Farmers Paraswada Branch Post

office, (Gondia GSK,

Maharashtra)

18.8.2010

137 MCX-GSK Farmers Tumkheda Branch Post


Maharashtra)

18.8.2010

138 MCX-GSK Farmers Nagara Branch Post office,


19.8. 2010

139 MCX-GSK Farmers Rajegao Branch Post office,


19.8. 2010


Traders

Nanded, MS 19.8.2010


Traders

Rudrapur Uttaranchal 20.8.2010

142 MCX-GSK Farmers Fulchur Branch Post office,


20.8.2010

143 MCX-GSK Farmers Khatiya Branch Post office,


20.8.2010


Traders

Latur, MS 20.8.2010

145 MCX, Mumbai Physical Trade Tirupati, AP 21.8.2010

146 MCX, Mumbai Hedgers, Clients,

and Members

Bankura, WB 21.8.2010

147 MCX-GSK Farmers Chipiya Branch Post office,


21.8.2010

72


Category Place Date

148 MCX-GSK Farmers Asoli Branch Post office,


21.8.2010

149 MCX-GSK Farmers Akauni Branch Post Office,

(RaeBareli GSK, U.P.)

21.8.2010

150 MCX-GSK Farmers Ajeetpur Branch Post Office,


21.8.2010

151 MCX-GSK Farmers Merui Branch Post Office,


23 .8. 2010

152 MCX-GSK Farmers Sondasi Branch Post Office,


25.8.2010

153 MCX-GSK Farmers Pure Bhauro Mishra Branch

Post Office, (RaeBareli GSK,

U.P.)

25.8.2010

154 NMCE, Ahmedabad Farmers and

Traders (Guar and

Rapeseed)

Bikaner Rajasthan 25.8.2010


Traders

Sirsa, Haryana 26.8.2010

156 MCX-GSK Farmers Chandateekar Branch Post

Office, (RaeBareli GSK,

U.P.)

26.8.2010

157 MCX-GSK Farmers Uttara Gauri Branch Post


U.P.)

26.8.2010

158 MCX-GSK Farmers Lalumau Branch Post Office,


27.8.2010

159 MCX-GSK Farmers Ambara Pashchim Branch

Post Office, (RaeBareli GSK,

U.P.)

27.8.2010

160 NMCE, Ahmedabad Farmers and

Traders (Isabgul)

Unjha Gujarat 27.8.2010

161 MCX, Mumbai Mandi Officials

(PD Project)

Bhopal, MP 27.8.2010


Traders

Bhilai Chattisgarh

28.8.2010

163 MCX, Mumbai Mandi Officials

(PD Project)

Jabalpur, MP 28.8.2010

164 MCX, Mumbai Bullion Traders Jaipur, Rajasthan 28.8.2010

165 MCX-GSK Farmers Deepemau Branch Post


U.P.)

28.8.2010

166 MCX, Mumbai Physical Traders Kakinada, A.P. 31.8.2010

167 MCX, Mumbai Traders, investors

and general public

Coimbatore. T.N. 2.9.2010

168 NCDEX, Mumbai Students Chidambaram, T.N. 6.9.2010

169 ICEX, Mumbai Farmers, Oil

Distillers and

Traders

Moradabad (UP) 7.9.2010

73


Category Place Date

170 University of Agricultural

Sciences, Banglore

Farmers Mudigere, Chickmangalore

District

8.9.2010

171 MCX, Mumbai Clients, Hedgers

and Members

Ranch, Jharkhand 9.9.2010


Sciences, Banglore

Farmers Kandali, Hassan District,

Karnataka

14.9.2010


Sciences Banglore

Farmers VC, Farm, Mandya, Mandya

District

14.9.2010

174 ICEX, Mumbai Farmers, Oil

Distillers and

Traders


175 NCDEX, Mumbai General Muzaffarnagar (UP) 16.9.2010


Sciences, Banglore

Farmers Konehally, Tumkur District,

Karnataka

16-9-2010

177 NCDEX, Mumbai General Guwhati, Assam 18.9.2010

178 NCDEX, Mumbai General Calicut, Kerala 18.9.2010

179 NCDEX, Mumbai General Sumerpur, Rajasthan

18.9.2010

180 NCDEX, Mumbai Press Jaipur, Rajasthan 18.9.2010


Sciences, Banglore

Farmers Hiriyur, Chitradurga District,

Karnataka

20.9.2010

182 MCX-GSK Farmers Umaran Branch post office,

(Mustafabad GSK, Rae

Bareli, U.P.)

21.9.2010

183 MCX-GSK Farmers Mawai Branch post office,


Bareli, U.P.)

21.9.2010

184 MCX-GSK Farmers Sareni Branch post office,


Bareli, U.P.)

22.9.2010

185 MCX-GSK Farmers Badagaon Branch post office,


Bareli, U.P.)

22.9.2010


Sciences, Banglore

Farmers Chintamani, Kolar District,

Karnataka

22.9.2010


Sciences Banglore

Farmers Bramahavar, Udupi District,

Karnataka

23.9.2010


Sciences Banglore

Farmers Hadonahally, Doddabalapura,

Bangalore Rural District,

Karnataka

24.9.2010


Sciences Banglore

Farmers Kankanadi, Mangalore,

Mangalore Dist, Karnataka.

24.9.2010

190 MCX-GSK Farmers Arkha Branch post office,


Bareli, U.P.)

23.9.2010

191 MCX-GSK Farmers Akorhiya Branch post office,

(Musta-abad GSK, Rae

Bareli, U.P.)

23.9.2010

192 MCX, Mumbai Member’s clients,

physical traders

and sub brokers of

national broker

Satna, MP 23.9.2010

74


Category Place Date

193 MCX, Mumbai Traders and

general public

Warrangal, AP 24.9.2010

194 MCX-GSK Farmers Savaiya Hasan Branch post

office, (Musta-fabad GSK,

Rae Bareli, U.P.)

25.9.2010

195 MCX-GSK Farmers Pattirahat Kaithawal Branch

post office, (Musta-fabad

GSK, Rae Bareli, U.P.)

25.9.2010

196 MCX, Mumbai Traders,

Investors,

Corporate,

Bhilwara/ Chittorgarh,

Rajasthan

25.9.2010

197 MCX-GSK Farmers Gegauli Branch post office,


Bareli, U.P.)

26.9.2010

198 MCX-GSK Farmers Prahaladpur Branch post

office, (Mustafabad GSK,

Rae Bareli, U.P.)

26.9.2010

199 MCX-GSK Farmers Vill: Narsapur, Ashti Branch

post office, (Babhulgaon

GSk, Yavatmal, Maharashtra)

27.9.2010

200 MCX-GSK Farmers Vill: Nandora, Watkhed

Branch post office,

(Babhulgaon GSk, Yavatmal,

Maharashtra)

27.9.2010


Sciences Banglore

Farmers Haradanahally,

Chamarajanagar

Chamarajanagar District

27.9.2010


Sciences Banglore

Farmers Navile, Shimoga District 28.9.2010

203 MCX-GSK Farmers Vill: Umarda, Ganori Branch


GSK, Yavatmal,

Maharashtra)

28.9.2010


Sciences Banglore

Farmers Forestry College, Ponnampet,

Kodagu District

29.9.2010

205 MCX-GSK Farmers Naigaon Branch post office,


Maharashtra)

29.9.2010

206 MCX-GSK Farmers Vill: Mahuli, Pahur Branch



29.9.2010

207 MCX-GSK Farmers Nandanwada Branch Post

office (Masuda GSK, Ajmer,

Rajasthan)

29.9.2010

208 MCX-GSK Farmers Shergarh Branch Post office

(Masuda GSK, Ajmer,

Rajasthan)

29.9.2010

209 NCDEX, Mumbai General Bhubaneshwar, Orissa 29.9.2010

210 MCX, Mumbai General Balasore, Orissa 29.9.2010

211 NCDEX, Mumbai General Cuttack, Orissa 30.9.2010

75


Category Place Date

212 MCX-GSK Farmers Vill: Yarandgaon, Packhed

Branch post office,


Maharashtra)

30.9.2010

213 MCX-GSK Farmers Vill: Parsodi, Sarul Branch



30.9.2010

214 NCDEX, Mumbai General Samastipur Bihar 3.10.2010

215 MCX, Mumbai Mandi officers Chandigarh 6.10.2010

216 MCX, Mumbai Investors,

Physical Traders

& Corporates

Madurai (TN) 8.10.2010

217 MCX, Mumbai Students Nagpur, MS 8.10.2010

218 ICEX, Mumbai Farmers Barabanki (UP) 8.10.2010

219 ICEX, Mumbai Farmers and

Traders

Chuchura, WB 10.10.2010

220 ICEX, Mumbai Farmers and

Traders

Malda, WB 11.10.2010

221 Dr. Panjabrao Deshmukh

Krishi Vidyapeeth, Akola

(NCDEX)

Farmers Akola, MS 15.10.2010

222 MCX, Mumbai Physical traders in

crude palm oil

Tanuku (AP) 16.10.2010

223 NCDEX, Mumbai General Saharanpur UP 19.10.2010

224 NCDEX, Mumbai General Jammu (J&K) 20.10.2010

225 MCX-GSK Farmers Vill Gangajali, Juna

Dhamangaon Branch Post

Office (Dhamangaon GSK,

Amravati)

20.10.2010

226 MCX-GSK Farmers Vill Aasgaon, Wadohana

Branch Post Office

(Dhamangaon GSK,

Amravati)

21.10.2010

227 MCX-GSK Farmers Vill Kashekhed, Kamnapur

Branch Post Office

(Dhamangaon GSK,

Amravati)

21.10.2010

228

MCX-GSK Farmers Vill Kashekhed, Kamnapur

Branch Post Office

(Dhamangaon GSK,

Amravati)

22.10.2010

229 MCX-GSK Farmers Vill Dharwada, Anjansinghi

Branch Post Office

(Dhamangaon GSK,

Amravati)

22.10.2010

230 NCDEX, Mumbai Students SRM University, Chennai

(TN)

22.10.2010

231 NCDEX, Mumbai General Bellary Karnataka 23.10.2010

232 MCX-GSK Farmers Mau Branch Post office;

Nasirabad GSK, (Rae Bareli,

U.P.)

26.10.2010

76


Category Place Date

233 MCX-GSK Farmers Vinnawa Branch Post office;

Nasirabad GSk, (Rae Bareli,

U.P.)

26.10.2010

234 MCX-GSK Farmers Lahenga Branch Post office;

Nasirabad GSK, (Rae Bareli,

U.P.)

27.10.2010

235 MCX, Mumbai Hedgers, clients,

members

Dhanbad, Jharkhand

27.10.2010

236 MCX-GSK Farmers Asharafpur Branch Post

office; Nasirabad GSK, (Rae

Bareli, U.P.)

27.10.2010

237 MCX-GSK Farmers sujawariya Branch Post

office; Nasirabad GSK, (Rae

Bareli, U.P.)

28.10.2010

238 MCX-GSK Farmers Babhanpur Branch Post

office; Jais GSK, (Rae Bareli,

U.P.)

28.10.2010

239 MCX, Mumbai Investors,

physical traders &

corporates

Udaipur, Rajasthan 29.10.2010

240 NCDEX, Mumbai General Udaipur Rajasthan 30.10.2010

241 ICEX, Mumbai Metal Traders Mumbai, MS 30.10.2010

242 MCX-GSK Farmers Paraiya Branch post office,

(Jais GSk, Rae Bareli) U.P.

1.11.2010

243 MCX-GSK Farmers Kurha Branch post office,


1.11.2010

244 MCX-GSK Farmers Kanta Branch post office,


2.11.2010

245 MCX-GSK Farmers Kasimpur Branch post office,


2.11.2010

246 NMCE, Ahmedabad Farmers Calicut, Kerala 10.11.2010

247 ICEX Mumbai Retail investors,

traders etc.,

Varanasi, UP 10.11.2010

248 NMCE, Ahmedabad General Shimoga Karnataka 11.11.2010

249 MCX-GSK Farmers Rardhana Branch post office,

(Sardhana GSk, Meerut) U.P.

11.11.2010

250 MCX-GSK Farmers Kheda Branch post office,


12.11.2010

251 MCX-GSK Farmers Salawa Branch post office,


12.11.2010

252 MCX-GSK Farmers Bhamauri Branch post office,


13.11.2010

253 MCX-GSK Farmers Kushawali Branch post

office, (Sardhana GSk,

Meerut) U.P.

13.11.2010

254 MCX-GSK Farmers Mahadev Branch post office,


14.11.2010

255 MCX-GSK Farmers Kaland Branch post office,


14.11.2010

256 MCX-GSK Farmers Kalandi Branch post office,


15.11.2010

77


Category Place Date

257 MCX-GSK Farmers Upera Branch Post Office

(Unjha GSK, Mehsana)

Gujarat

15.11.2010

258 MCX-GSK Farmers Tundav Branch Post Office

(Unjha GSK, Mehsana)

Gujarat

16.11.2010

259 MCX-GSK Farmers Sihi Branch Post Office (

Unjha GSK, Mehsana )

Gujarat

16.11.2010

260 NCDEX, Mumbai Students IIM- Calicut, Kerala 17.11.2010

261 NCDEX, Mumbai Students IIKM, Kozhikode, Kerala 18.11.2010

262 MCX-GSK Farmers Vill: Chichpur; Takali Branch

post office; (Solapur GSK,

Solapur) Maharashtra

18.11.2010

263 MCX-GSK Farmers Vill: Udamsangam;Barur

Branch Post Office; (Solapur

GSK, Solapur) Maharashtra

18.11.2010

264 MCX-GSK Farmers Vill: Tealgaon; Patri Branch

Post Ofice; (Solapur GSK,


19.11.2010

265 MCX-GSK Farmers Vill: Sigoli; Tirhe Branch



19.11.2010

266 ICEX Mumbai Hedgers, Traders,

Mandi

participants etc.,

Jaipur, Rajasthan 19.11.2010

267 MCX, Mumbai Students and

faculty

KIIT University,

Bhubaneshwar, Orissa

19.11.2010

268 MCX-GSK Farmers Bhakhar Branch Post Office

( Unjha GSK, Mehsana )

Gujarat

19.11.2010

269 MCX-GSK Farmers SUNOK Branch Post Office

( Unjha GSK, Mehsana )

Gujarat

20.11.2010

270 MCX-GSK Farmers Vill: Raleras; Honsal Branch



20.11.2010

271 MCX-GSK Farmers Vill: Hiparga; Haglur Branch



20.11.2010

272 MCX, Mumbai Clients Varnasi, UP 20.11.2010

273 ICEX Mumbai Students IIFT Kolkata, WB 20.11.2010

274 MCX-GSK Farmers Vill: Sagdari; Boramani

Branch Post Ofice; (Solapur


21.11.201

275 MCX-GSK Farmers Vill: Kavate tada; Kavta

Branch Post Ofice; (Solapur


21.11.201

276 NCDEX, Mumbai General Cuddalore, TN 22.11.2010

78


Category Place Date

277 MCX-GSK Farmers Vill:gorlikhapa; Ringankhapa

Branch Post Office;

(Pandhurna GSK,

Chindwara) M.P.

22.11.2010

278 MCX-GSK Farmers Vill:bhajipani; kondhali

Branch Post Office;

(Pandhurna GSK,

Chindwara) M.P.

23.11.2010

279 MCX-GSK Farmers Vill:raibasa; Ambada Branch

Post Office; (Pandhurna

GSK, Chindwara) M.P.

23.11.2010

280 MCX-GSK Farmers Vill:temnikala; Siratha

Branch Post Office;

(Pandhurna GSK,

Chindwara) M.P.

24.11.2010

281 MCX-GSK Farmers Vill:kamthikala; Mangurli

Branch Post Office;

(Pandhurna GSK,

Chindwara) M.P.

24.11.2010

282 NCDEX, Mumbai General Abhohar Punjab 25.11.2010

283 NCDEX, Mumbai General Kota Rajasthan 25.11.2010

284 NMCE, Ahmedabad

General Trivandrum, Kerala 25.11.2010

285 MCX-GSK Farmers Dadimeta Branch Post

Office; (Pandhurna GSK,

Chindwara) M.P.

25.11.2010

286 MCX-GSK Farmers Rajorakala Branch Post

Office; (Pandhurna GSK,

Chindwara) M.P.

25.11.2010

287 MCX-GSK Farmers Vill:devkhapa; Bhandargondi

Branch Post Office;

(Pandhurna GSK,

Chindwara) M.P.

26.11.2010

288 MCX-GSK Farmers Vill:duddewani; Lendhori

Branch Post Office;

(Pandhurna GSK,

Chindwara) M.P.

26.11.2010

289 NABCONS, Mumbai Farmers

AP- ND

Indore, M.P. 1.12.2010


AP- ND

Almora, Uttarkhand 2.12.2010


AP- ND

Tehri, Uttarkhand 4.12.2010

292 MCX-GSK Farmers Ondeeh Branch post office,

Maharajganj GSK (Rae

Bareli, U.P.)

4.12.2010

293 MCX-GSK Farmers Dusauti Branch post office,


Bareli, U.P.)

4.12.2010

294 MCX-GSK Farmers Bavanbujurg Balla Branch

post office, Maharajganj

GSK (Rae Bareli, U.P.)

7.12.2010

79


Category Place Date

295 NMCE, Ahmedabad General Delhi 7.12.2010

296 MCX-GSK Farmers Sidhauna Branch post office,


Bareli, U.P.)

8.12.2010

297 MCX-GSK Farmers Amawa Branch post office,


Bareli, U.P.)

8.12.2010

298 NMCE, Ahmedabad General Jalandhar, Punjab 8.12.2010

299 MCX, Mumbai Investor/ Physical

traders of Bullion

and Spices, CPO

and RSO

Chirala

Andhra Pradesh

8.12.2010

300 ICEX, Mumbai Members, clients

and physical

industry players

Kohima, Nagaland 8.12.2010

301 NCDEX, Mumbai General Kannur Kerala 8.12.2010

302 NABCONS, Mumbai APMC Solapur , M.S. 9.12.2010


and physical

industry players

Dimapur, Nagaland

9.12.2010

304 NCDEX, Mumbai Students BIFM – Delhi

9.12.2010

305 MCX-GSK Farmers Kubna Branch post office,


Bareli, U.P.)

9.12.2010

306 MCX-GSK Farmers Moon Branch post office,


Bareli, U.P.)

9.12.2010

307 MCX-GSK Farmers Gari Pokhanni Branch post

office, Maharajganj GSK

(Rae Bareli, U.P.)

10.12.2010

308 NCDEX, Mumbai General Adimali Kerala 10.12.2010

309 NCDEX, Mumbai General Nagpur, MS 10.12.2010


AP- ND

Akola, M.S. 12.12.2010

311 MCX-GSK Farmers Kushalpura Branch Post

Office (Masuda GSK, Ajmer)

Rajasthan

14.12.2010

312 MCX-GSK Farmers Kirap Branch Post Office

(Masuda GSK, Ajmer)

Rajasthan

15.12.2010

313 MCX-GSK Farmers Mayla Branch Post Office

(Masuda GSK, Ajmer)

Rajasthan

15.12.2010

314 MCX-GSK Farmers Manpurra Branch Post Office

(Masuda GSK, Ajmer)

Rajasthan

16.12.2010

315 MCX-GSK Farmers Harrajpura Branch Post


Rajasthan

16.12.2010

316 NCDEX, Mumbai General Akola, MS 16.12.2010

80


Category Place Date

317 MCX, Mumbai Farmers Hisar, Haryana 16.12.2010

318 CCS Haryana Agricultural

University, Hissar (MCX)

Farmers Hissar, Haryana 16.12.2010

319 MCX-GSK Farmers Lulwa Branch Post Office

(Masuda GSK, Ajmer)

Rajasthan

17.12.2010

320 MCX-GSK Farmers Kheemapura Branch Post


Rajasthan

17.12.2010

321 MCX, Mumbai Clients, Hedgers

and Members

Siluguri, WB 17.12.2010

322 MCX-GSK Farmers Jamola Branch Post Office

(Masuda GSK, Ajmer)

Rajasthan

18.12.2010

323 NCDEX, Mumbai General Ganapur City,

Rajasthan

18.12.2010

324 NCDEX, Mumbai General Surendra Nagar

Gujarat

18.12.2010


and physical

industry players

Indore, MP 18.12.2010

326 NABCONS, Mumbai APMC Una, H.P. 21.12.2010

327 NABCONS, Mumbai Farmers AP-ND South Goa 22.12.2010

328 MCX-GSK Farmers Sawargaon (vitali); Kalwadi


GSK, Akola) Maharashtra

21.12.2010

329 MCX-GSK Farmers Palsod Branch Post Office

(Akot GSK, Akola)

Maharashtra

22.12.2010

330 MCX-GSK Farmers Warud; Jaulka Branch Post

Office (Akot GSK, Akola)

Maharashtra

22/12/2010

331 MCX, Mumbai General Mangalore Karnataka 23.12.2010

332 NCDEX, Mumbai General Jalandhar

Punjab

23.12.2010

333 MCX-GSK Farmers Deoulgao; Sawra Branch Post

Office (Akot GSK, Akola)

Maharashtra

23.12.2010

334 MCX-GSK Farmers Rajura, Akoli jahagir Branch


Akola) Maharashtra

23.12.2010

335 MCX-GSK Farmers Vill: Pure Mishra, Beoli

Branch Post Office (Salon

GSK, RaeBareli) U.P.

23.12.2010

336 MCX-GSK Farmers Vill:Pure Mansa Dharai



23.12.2010

337 MCX-GSK Farmers Kavtha ( bu), Aasegao bajar


GSK, Akola) Maharashtra

24.12.2010

81


Category Place Date

338 MCX-GSK Farmers Aambodha; Akolkhed Branch


Akola) Maharashtra

24.12.2010

339 MCX-GSK Farmers Vill:Darsava Revahara



24.12.2010

340 MCX-GSK Farmers Vill:Bada purava Nain



24.12.2010

341 ICEX, Mumbai

KRIBCHO

Officers, New

Delhi

New Delhi 24.12.2010

342 NCDEX, Mumbai General Kolkata, WB 27.12.2010

343 MCX-GSK Farmers Vill:Sona varsa Mamuni



27.12.2010

344 MCX-GSK Farmers Vill:Saraya Akhatyar

Matarampur Branch Post

Office (Salon GSK,

RaeBareli) U.P.

27.12.2010

345 NABCONS, Mumbai APMC Gingee, Tamil Nadu 28.12.2010


AP-ND

Chamoli, Uttarkhand 29.12.2010


AP- ND

Villupuram, Tamil Nadu 29.12.2010

348 ICEX, Mumbai

`

Members, clients

and physical

industry players

Ranchi Jharkhand

29.12.2010


AP- ND

Sindhudurg, M.S. 31.12.2010

350 NABCONS, Mumbai APMC Karanpur, Rajasthan 3.1.2011


AP-ND

Morigaon, Assam

3.1.2011


AP-Ref

Ferozepur, Punjab 4.1.2011


AP- ND

Jalandhar, Punjab 4.1.2011


AP-Ref

Krishnagiri, Tamil Nadu 5.1.2011

355 NABCONS, Mumbai PAC Uttarkashi, Uttarkhand 5.1.2011


AP - REF

Amritsar, Punjab 5.1.2011


AP- ND

Thiruvarur, Tamil Nadu 6.1.2011


AP- ND

Moga, Punjab 6.1.2011

359 NABCONS, Mumbai PAC E. Champaran (Bettiah

Basant PACS) Bihar

6.1.2011


AP-Ref

US Nagar, Uttarkhand 6.1.2011

361 NABCONS, Mumbai PAC PACS in Nainital District.,

Uttakhand

6.1.2011

82


Category Place Date

362 NCDEX, Mumbai Students IIKM – Chennai 6.1.2011

363 MCX, Mumbai Clients Bokara, Jharkhand 6.1.2011

364 NCDEX, Mumbai General Bhopal MP 7.1.2011

365 NABCONS, Mumbai PAC Pauri, Uttarkhand 7.1.2011


AP-Ref

Nainital, Uttarkhand 7.1.2011


AP-Ref

Nagapattinam, Tamil Nadu 7.1.2011

368 NABCONS, Mumbai PAC Sangrur, Punjab 7.1.2011


AP- ND

Amaravathi, M.S. 7.1.2011


AP- ND

Gadchioli, M.S. 7.1.2011

371 NABCONS, Mumbai APMC Pune, M.S. 7.1.2011

372 NABCONS, Mumbai APMC Sangli, M.S. 7.1.2011


AP- ND

Kangra, H.P. 7.1.2011


AP-Ref

Nagoan, Assam 8.1.2011


AP- ND

Bhagalpur, Bihar 8.1.2011

376 NABCONS, Mumbai APMC Chandrapur, M.S. 8.1.2011

377 NABCONS, Mumbai APMC Solapur, M.S. 9.1.2010

378 NABCONS, Mumbai PAC Kannamanglam PACS in

Thiruvannamalai dt., Tamil

Nadu

10.1.2011

379 NABCONS, Mumbai PAC Gopalganj (Vishnupur

Jadavpur PACS), Bihar

10.1.2011

380 NABCONS, Mumbai PAC Kinnor, H.P. 10.1.2011

381 ICEX, Mumbai General KRIBCHO, New Delhi 10.1.2011

382 MCX-GSK Farmers Garra Branch Post office,


10.1.2011

383 MCX-GSK Farmers Vill: Borgao, Kawalwada

Branch Post office, (Gondia

GSK, Maharashtra)

10.1.2011

384 MCX-GSK Farmers Nagara-Katangi Branch Post


Maharashtra)

11.1.2011

385 MCX-GSK Farmers Vill: Lodhitola, Chutiya


GSK, Maharashtra)

11.1.2011


AP-Ref

Coimbatore, Tamil Nadu 11.1.2011


AP- ND

Purnea, Bihar 11.1.2011


AP-Ref

Haridwar, Uttarkhand 11.1.2011

389 NABCONS, Mumbai APMC Satara, M.S. 11.1.2011


AP-ND

Nalbari, Assam

12.1.2011

391 NABCONS, Mumbai APMC Mandi, H.P. 12.1.2011

83


Category Place Date


AP- ND

Azamgarh, U.P. 12.1.2011


AP - REF

Faizabad, U.P. 12.1.2011

394 NABCONS, Mumbai APMC Yamunanagar coop society-

HAFED, Haryana

12.1.2011


AP- ND

East Godavari, A.P. 12.1.2011


AP – REF

Kurnool, A.P. 12.1.2011


AP- ND

Mungir, Bihar 12.1.2011

398 MCX-GSK Farmers Vill: Temni, Batana Branch

Post office, (Gondia GSK,

Maharashtra)

12.1.2011

399 MCX-GSK Farmers Vill: Karanji, Navkala


GSK, Maharashtra)

12.1.2011

400 ICEX, Mumbai General Kohima, Nagaland 12.1.2011

401 MCX-GSK Farmers Vill: Dhamangaon, Satona


GSK, Maharashtra)

13.1.2011

402 MCX-GSK Farmers Vill:Halbitola, Khamri


GSK, Maharashtra)

13.1.2011


AP – REF

Mahendragarh, Haryana 13.1.2011


AP- ND

Nawada, Bihar 13.1.2011

405 NABCONS, Mumbai APMC Satara, M.S. 13.1.2011


AP - REF

Bhatinda, Punjab 13.1.2011


AP- ND

Shahdol, M.P. 13.1.2011

408 NABCONS, Mumbai APMC Ujjain, M.P. 13.1.2011

409 NABCONS, Mumbai APMC Poanta sahib, H.P. 14.1.2011

410 NABCONS, Mumbai PAC Bhatinda, Punjab 14.1.2011

411 NABCONS, Mumbai APMC Rudrapur, Uttarkhand 14.1.2011

412 MCX-GSK Farmers Vill: Ghattetemni, Girola


GSK, Maharashtra)

14.1.2011

413 MCX-GSK Farmers Vill: Panjara, Kamtha Branch

Post office, (Gondia GSK,

Maharashtra)

14.1.2011

414 NABCONS, Mumbai APMC Chamba, H.P. 15.1.2011

415 ICEX, Mumbai Members, Clients,

Physical Industry

Players

Kota, Rajasthan 17.1.2011

416 NABCONS, Mumbai APMC Latur, M.S. 17.1.2011


AP- ND

Kanpur, U.P. 17.1.2011

84


Category Place Date

418 NABCONS, Mumbai PAC Ambala - Nabipur PACs ,

Haryana

17.1.2011


AP- ND

Solan, H.P. 17.1.2011


AP-ND

Darrang, Assam

18.1.2011

421 NABCONS, Mumbai APMC Kullu, H.P. 18.1.2011

422 NABCONS, Mumbai PAC Rewari- Dharuhera PACs

Haryana

18.1.2011


AP - REF

Hisar, Haryana 18.1.2011


AP – REF

Rewari, Haryana 18.1.2011


AP – REF

Dhanbad, Jharkhand 18.1.2011

426 NABCONS, Mumbai APMC Dhanbad Jharkhand 18.1.2011


AP- ND

Mansa, Punjab 18.1.2011


AP- ND

Barabanki, U.P. 18.1.2011

429 NABCONS, Mumbai PAC Gaya (Shimuwara PACS),

Bihar

18.1.2011


Physical Industry

Players


431 NCDEX, Mumbai General Sambalpur, Orissa 18.1.2011

432 Regional Agriculture

Research

Station (RARS), Lam,

Guntur, (NCDEX)

Farmers Guntur, A.P. 19.1.2011

433 MCX, Mumbai Clients and

Farmers

Kolkata, W.B. 19.1.2011


AP- ND

Jehanabad, Bihar 19.1.2011


AP- ND

Rohtak, Haryana 19.1.2011


AP- ND

Aligarh, U.P. 19.1.2011


AP- ND

Hardoi, U.P. 19.1.2011

438 NABCONS, Mumbai PAC FSCS at Ratu ,Rainch.,

Jharkhand

19.1.2011


AP- ND

Ujjain, M.P. 19.1.2011

440 NABCONS, Mumbai PAC Samastipur (Sarayaranjan

PACS) Bihar

19.1.2011


AP- ND

Pithoragarh, Uttarkhand 19.1.2011


AP- ND

Rewa, M.P. 19.1.2011

443 NABCONS, Mumbai PAC Jhabua , M.P. 19.1.2011

85


Category Place Date

444 NABCONS, Mumbai Farmes

AP-ND

East Sikkim

20.1.2011

445 NABCONS, Mumbai PAC Alirajpur, M.P. 20.1.2011


AP- ND

Hoshiarpur, Punjab 20.1.2011


AP- ND

Mukathsar, Punjab 20.1.2011

448 NABCONS, Mumbai PAC Amritsar, Punjab 20.1.2011

449 NABCONS, Mumbai PAC Sudana Baratola PACS,

Daltonganj Palamu,

Jharkhand

20.1.2011


AP- ND

Raebareli, U.P. 20.1.2011


AP- ND

Basti, U.P. 20.1.2011


AP- ND

Fatehabad, Haryana 20.1.2011


AP- ND

Jhajjar, Haryana 20.1.2011


AP – REF

Alwar, Rajasthan 20.1.2011


AP- ND

Raipur, Chattisgarh 20.1.2011


AP-Ref

Hoshngabad, M.P. 20.1.2011

457 NABCONS, Mumbai PAC Thogaimalai PACS, karur dt.,

Tamil Nadu

21.1.2011

458 NABCONS, Mumbai APMC Raipur/Nawapara,

Chattisgarh

21.1.2011


AP- ND

Etah, U.P. 21.1.2011


AP- ND

Shahjahanpur, U.P. 21.1.2011

461 NABCONS, Mumbai PAC Makdi, Bulandshahr, U.P. 21.1.2011


AP- ND

Karnal, Haryana 21.1.2011


AP- ND

Bhiwani, Haryana 21.1.2011


AP- ND

Pali, Rajasthan 21.1.2011


AP-ND

Barpeta, Assam

22.1.2010


AP- ND

Lalitpur, U.P. 22.1.2011


AP- ND

Banda, U.P. 22.1.2011


AP - REF

Moradabad, U.P. 22.1.2011


AP - REF

Bareilly, U.P. 22.1.2011

470 NABCONS, Mumbai PAC Karnal- Gudha PACs,

Haryana

22.1.2011

86


Category Place Date

471 NABCONS, Mumbai APMC Kicha, Uttarkhand 22.1.2011

472 NCDEX, Mumbai General Vijayawada, AP 22.1.2011

473 MCX-GSK Farmers Vill: Bajpeir, Sondassi

Branch post office, Dalmau


24.1.2011

474 NABCONS, Mumbai APMC Bilaspur, H.P. 24.1.2011

475 NABCONS, Mumbai APMC Hamirpur, H.P. 24.1.2011


AP - REF

Jhansi, U.P. 24.1.2011


AP- ND

Gonda, U.P. 24.1.2011


AP- ND

Bokaro E, Jharkhand. 24.1.2011


AP- ND

North 24 Parganas, W.B. 24.1.2011


AP- ND

Bankura, W. B. 24.1.2011

481 NABCONS, Mumbai APMC Nokha, Rajasthan 24.1.2011

482 NABCONS, Mumbai PAC Vaishali (Languraon

Balichandpur BiharPACS),

25.1.2011

483 NABCONS, Mumbai APMC Beawar, Rajasthan, 25.1.2011


AP- ND

Sitapur U.P. 25.1.2011

485 NABCONS, Mumbai PAC Semari, Jhansi U.P. 25.1.2011

486 NABCONS, Mumbai PAC Mahar, Fatehpur, U.P. 25.1.2011


AP- ND

Bhandara, M.S. 25.1.2011

488 NABCONS, Mumbai PAC Vivekanada SKUS,

Tarakeswar, Hooghly., W.B.

25.1.2011


AP-Ref

Sagar, M.P. 25.1.2011

490 NABCONS, Mumbai APMC Vikas Nagar, Uttarkhand 25.1.2011

491 MCX-GSK Farmers Chanda Tikar Branch post

office, Dalmau GSK (Rae

Bareli, U.P.)

251.2011

492 MCX-GSK Farmers Chilalula Branch post office,

Dalmau GSK (Rae Bareli,

U.P.)

27.1.2011

493 MCX-GSK Farmers Vill: Naya kheda, Pathrota

Branch Post office, Itarsi

GSK (Hoshangabad, M.P.)

27.1.2011

494 MCX-GSK Farmers Vill: Somalwada, Sankheda



27.1.2011

495 NABCONS, Mumbai APMC Bijaynagar, Rajasthan 27.1.2011


AP- ND

East Singhbhum, Jharkhand 27.1.2011


AP- ND

Palamu, Jharkhand 27.1.2011


AP – REF

Hooghly, W.B. 27.1.2011

499 NABCONS, Mumbai APMC Rishikesh, Uttarkhand. 27.1.2011

87


Category Place Date

500 NABCONS, Mumbai PAC Jhabua (2), M.P. 27.1.2011


AP-ND

Upper Siang,

Arunachal Pradesh

28.1.2011


AP-Ref

Jorhat, Assam

28.1.2011


AP – REF

Nizamabad, A.P. 28.1.2011


AP- ND

Shimla, H.P. 28.1.2011


AP – REF

Puri, Orissa 28.1.2011

506 NABCONS, Mumbai APMC Daltonganj, Jharkhand 28.1.2011


AP- ND

Bikaner, Rajasthan 28.1.2011

508

MCX-GSK Farmers Vill Naseerpur, Uttaragauri

Branch post office, Dalmau


28.1.2011

509 MCX-GSK Farmers Vill: Taronda, Jujaharpur



28.1.2011

510 MCX-GSK Farmers Vill: Chilli, Gurra Branch

Post office, Itarsi GSK

(Hoshangabad, M.P.)

28.1.2011

511 NABCONS, Mumbai Farmers AP-Ref Sonitpur, Assam 29.1.2011

512 MCX-GSK Farmers Vill: Kasdea, Kalakhar



29.1.2011

513 MCX-GSK Farmers Vill: Mahenderwadi,

Bagratawa Branch Post

office, Itarsi GSK

(Hoshangabad, M.P.)

29.1.2011

514 NCDEX, Mumbai General Dhampur, UP 29.1.2011

515 MCX, Mumbai General Kolhapur, MS 29.1.2011


AP- ND

Muzaffarnagar, U.P. 29.1.2011


AP – REF

Gurgaon, Haryana 29.1.2011


AP- ND

Saharanpur, U.P. 29.1.2011

519 NABCONS, Mumbai APMC Garhwa, Jharkhand 30.1.2011

520 NABCONS, Mumbai PAC Mulaknur, Karimnagar A.P. 30.1.2011

521 MCX-GSK Farmers Vill: chota mane gove,

Manegave Branch Post

office, Itarsi GSK

(Hoshangabad, M.P.)

30.1.2011

522 MCX-GSK Farmers Vill: Bhamangove, Saket



30.1.2011

523 NABCONS, Mumbai PAC Tawli, Muzaffarnagar, U.P. 31.1.2011


AP- ND

Buldana, M.S. 31.1.2011

88


Category Place Date


AP – REF

Birbhum, W.B. 31.1.2011

526 NABCONS, Mumbai APMC Indore , M.P. 31.1.2010


AP – REF

Warangal, A.P. 31.1.2011

528 NABCONS, Mumbai APMC Kangra, H.P. 2.2.2011

529 NABCONS, Mumbai APMC Sadul Sahar, Rajasthan 2.2.2011


AP- ND

Cuddalore, Tamil Nadu 2.2.2011

531 NABCONS, Mumbai APMC Raigard, M.S. 2.2.2011

532 NABCONS, Mumbai APMC Tumkur, Karnataka 3.2.2011

533 NABCONS, Mumbai APMC Lohardaga, Jharkhand 3.2.2011

534 MCX-GSK Farmers Vill. Raipur, Akauni Branch

Post Office, Lalganj GSK

(RaeBareli, U.P.)

3.2.2011

535 MCX-GSK Farmers Vill.Bannamau, Ajeetpur

Branch Post Office , Lalganj

GSK (RaeBareli, U.P.)

3.2.2011

536 MCX, Mumbai Traders Bellary, Karnataka 3.2.2011

537 MCX-GSK Farmers Merui Branch Post Office,

Lalganj GSK (RaeBareli,

U.P.)

4.2.2011


AP-Ref

Bolangir, Orissa 4.2.2011

539 NABCONS, Mumbai PAC Balanga Service Coop

Society, Block-Block

Nimapara, Puri, Orissa

4.2.2011

540 MCX-GSK Farmers Vill. Raipur, Deepemau

Branch Post Office, Lalganj


4.2.2011

541 MCX-GSK Farmers Vill. Jagatpur, Bishnukhera



5.2.2011

542 MCX-GSK Farmers Vill. Janta Bazar, Lalumau



5.2.2011


AP- ND

Dakshina –Kannada,

Karnataka

7.2.2011

544 NABCONS, Mumbai PAC Raipur-LAMPS

Manikchouri, Chattisgarh

7.2.2011


AP- ND

Rudraprayag, Uttarkhand 7.2.2011


AP-Ref

Gwalior, M.P. 7.2.2011

547 KVK, Raichur Farmers Raichur, Karnataka 8.2.2011

548 NABCONS, Mumbai APMC Siriguppa, Karnataka 8.2.2011

549 NABCONS, Mumbai APMC Chickballapur, Karnataka 8.2.2011

550 NABCONS, Mumbai APMC Ahemednagar, M.S. 8.2.2011

551 NABCONS, Mumbai APMC Kopal, Karnataka 8.2.2011

552 NABCONS, Mumbai APMC Rajanandgaon,, Chattisgarh 8.2.2011

89


Category Place Date


Physical Industry

Players

Hazaribagh, Jharkhand

8.2.2011


Physical Industry

Players

Jodhpur, Rajasthan

8.2.2011

555 NMCE, Ahmedabad General Bangalore, Karnataka 8.2.2011


AP-ND

Golaghat , Assam

9.2.2011


AP-Ref

South Tripura

9.2.2011

558 NABCONS, Mumbai APMC Bidar, Karnataka 9.2.2011


AP- ND

Chitradurga, Karnataka 10.2.2011


AP-Ref

Malda, W.B. 10.2.2011

561 NABCONS, Mumbai APMC Ahemednagar , M.S. 10.2.2011

562 ICEX, Mumbai Management

Students

SN Sinha College, Ranchi,

Jharkhand

10.2.2011

563 MCX-GSK Farmers Vill: Fattepur, Agargaon

Branch Post Office, Deoli

GSK (Wardha, Maharashtra)

10.2.2011

564 KVK, Gangavati Farmers Gangavati, Karnataka 11.2.2011

565 MCX-GSK Farmers Muradgaon; Nandora Branch

Post Office, Deoli GSK

(Wardha, Maharashtra)

11.2.2011

566 MCX-GSK Farmers Vill: Jamani, Chikani Branch



11.2.2011

567 NABCONS, Mumbai APMC Nagpur, M.S. 11.2.2011


AP-Ref

Dharwad, Karnataka 11.2.2011


AP-Ref

Hassan, Karnataka 11.2.2011

570 NABCONS, Mumbai APMC Yadgiri, Karnataka 11.2.2011

571 NABCONS, Mumbai APMC Ahemednagar , M.S. 11.2.2011

572 NABCONS, Mumbai APMC Islampur, A.P. 11.2.2011

573 NABCONS, Mumbai APMC Sherapuli, A.P. 11.2.2011

574 MCX-GSK Farmers Vill: Shekhpur, Mozari



12.2.2011

575 MCX-GSK Farmers Vill: Poti, Khangaon Branch



12.2.2011

576 MCX, Mumbai Clients, hedgers Patna, Bihar 12.2.2011.

577 NABCONS, Mumbai APMC Paralakhemundi, Orissa 12.2.2011

578 NABCONS, Mumbai PAC Sabong Saheed Shriti, W.B. 12.2.2011


AP- ND

Gulbarga, Karnataka 12.2.2011


AP-ND

West Singhbhum, Jharkhand 12.2.2011

90


Category Place Date

581 MCX-GSK Farmers Vill: Kosurla, Kapasi Branch



13.2.2011

582 MCX-GSK Farmers Vill: Takali , Patri, Giroli



14.2.2011

583 MCX-GSK Farmers Vill: Momimpur, Andori



14.2.2011

584 NABCONS, Mumbai APMC Belgum, Karnataka 14.2.2011


AP-Ref

Theni, Tamil Nadu 14.2.2011


AP- ND

Davanagere, Karnataka 14.2.2011

587 NABCONS, Mumbai PAC Bahawa LAMPS, Nanihata

Sreyahat, Dumka.,Jharkhand

14.2.2011


AP- ND

Barbhwan, W.B. 14.2.2011

589 NABCONS, Mumbai PAC Chapra-Dhantala SKUS

Ranaghat, W.B.

14.2.2011


AP-ND

North Sikkim

15.2.2011

591 NABCONS, Mumbai PAC Bilaspur-LAMPS Sendra,

Chattisgarh

15.2.2011


AP- ND

Ralchur, Karnataka 15.2.2011

593 NABCONS, Mumbai APMC Honnali, Karnataka 15.2.2011

594 NABCONS, Mumbai APMC Bailhongal, Karnataka 15.2.2011

595 NABCONS, Mumbai APMC Ratnagiri, M.S. 15.2.2011

596 NABCONS, Mumbai PAC Kamaygoundanpatti PACS in

Theni dt., Tamil Nadu

15.2.2011

597 NABCONS, Mumbai PAC Totgar Coop. Sell Soc. Uttar

kannada Disrtict. Karnataka

15.2.2011


AP-Ref

Sundergarh, Orissa 15.2.2011

599 MCX-GSK Farmers Vill: Muradgaon, Nagazari



15.2.2011

600 MCX-GSK Farmers Vill: Chinchala, Pimpalgaon



15.2.2011

601 KVK, Bidar

Farmers Bidar, Karnataka 15.2.2011

602 NMCE, Ahmedabad Farmers, Bankers

etc

Muvattupuzha Ernakulam,

Kerala

16.2.2011


AP- ND

Bilaspur, Chattisgarh 16.2.2011

604 NABCONS, Mumbai PAC Hoshiarpur, Punjab 16.2.2011


AP- ND

Rayagada, Orissa 16.2.2011


AP- ND

Ratlam, , M.P. 16.2.2011

91


Category Place Date

607 NABCONS, Mumbai APMC Kota, Rajasthan 16.2.2011


AP-Ref

Kochi, Kerala 16.2.2011


AP-Ref

South Sikkim

17.2.2011


AP-Ref

Chikmagalur, Karnataka 17.2.2011


AP- ND

Jharsuguda, Orissa 17.2.2011

612 NABCONS, Mumbai APMC Mungeli, Chattisgarh 17.2.2011

613 MCX, Mumbai Clients, Hedgers Kolkata, WB 17.2.2011

614 MCX, Mumbai Clients, Hedgers Machilipatnam, A.P. 17.2.2011

615 MCX, Mumbai General Agra, UP 17.202011

616 NCDEX, Mumbai General Rajkot, Gujarat 17.2.2011


AP-Ref

West Sikkim

18.2.2011

618 KVK, Gulbarga Farmers Gulbarga Karnataka 18.2.2011

619 MCX, Mumbai

Iron Ore miners /

exporters /

Traders /

Chennai, T.N. 18. 2.2011

620 MCX, Mumbai

The Belgaum

Chamber of

Commerce

& Industries

Belgaum, Karnataka 18.2.2011

621 ICEX, Mumbai Students

New Delhi

[Indian Institute of Foreign

Trade]

18.2.2011

622 ICEX, Mumbai Students New Delhi

[Indian Institute of Learning

Management ]

18.2.2011

623 NABCONS, Mumbai APMC Bilaspur, Chattisgarh 18.2.2011


AP- ND

Salem, Tamil Nadu 18.2.2011

625 NABCONS, Mumbai Farmers AP-ND Lohardaga, Jharkhand 18.2.2011

626 NABCONS, Mumbai PAC Kandarpur Service

Coop,Society, Block-Cuttack

Sandar,Cuttack., Orissa

18.2.2011

627 NABCONS, Mumbai APMC Mahasamund, Chattisgarh 19.2.2011

628 NABCONS, Mumbai PAC PACS, Mandya District.,

Karnataka

19.2.2011


AP- ND

Gajapati, Orissa 19.2.2011

630 NABCONS, Mumbai APMC Khargone, M.P. 19.2.2011

631 MCX-GSK Farmers Vill. Rajapur, Kuwarmau

Branch Post office

(Nasirabad GSK, RaeBareli)

U.P.

21.2.2011

632 MCX-GSK Farmers Vill. Ammarpur, Alampur

Branch Post office


U.P.

21.2.2011

633 MCX, Mumbai General Hyderabad, AP 21.2.2011

92


Category Place Date


AP- ND


635 NABCONS, Mumbai APMC Haridwar, Uttarkhand 21.2.2011

636 NABCONS, Mumbai APMC Doeg, Rajasthan 21.2.2011


AP-ND

Saiha, Mizoram

21.2.2011


AP-ND

Lawgtlai , Mizoram

22.2.2011


AP-ND

Tirap, Arunachal Pradesh 22.2.2011


AP-Ref

Hazaribah, Jharkhand 22.2.2011

641 NABCONS, Mumbai PAC Malnad Areca Marketing

Cooperative Society Shimoga

District. Karnataka

22.2.2011


AP- ND

Dhamatri, Chattisgarh 22.2.2011

643 MCX-GSK Farmers Vill. Pure Raei, Sandaha

Branch Post office (Jais GSK,

RaeBareli) U.P.

22.2.2011

644 MCX-GSK Farmers Vill. Pure Kharin, Kanta


RaeBareli) U.P.

22.2.2011

645 NCDEX, Mumbai General Hospet, Karnataka 22.2.2011

646 NCDEX, Mumbai General Gorakhpur, UP 22.2.2011

647 ICEX, Mumbai APMC and

Nagaland State

Agriculture

Marketing Board

Officers

Dimapur, Nagaland

22.2.2011

648 MCX-GSK Farmers Vill: Ghardi, Kinod Branch

Post office, Jalgaon GSK

(Jalgaon, Maharashtra)

22.2.2011

649 KVK, Hagari Farmers Hagari, Karnataka 22.2.2011

650 MCX-GSK Farmers Vill: Khaparkheda,


office, Jalgaon GSK (Jalgaon,

Maharashtra)

23.2.2011

651 MCX-GSK Farmers Vill. Bheliya, Barkhurdarpur


RaeBareli) U.P.

23.2.2011

652 MCX-GSK Farmers Vill. Lala ka purwa,

Ashrafpur Branch Post

office(Nasirabad GSK,

RaeBareli) U.P.

23.2.2011

653 NCDEX, Mumbai Mandi Officals Talegon, Maharashtra 23.2.2011

654 NMCE, Ahmedabad Farmers Kalampoor, Kerala 23.2.2011

655 ICEX, Mumbai Farmers, NGO

and Banks

Hapur, UP 23.2.2011

656 NABCONS, Mumbai APMC Bellari, Karnataka 23.2.2011


AP-Ref

Deoghar, Jharkhand 23.2.2011

93


Category Place Date

658 NABCONS, Mumbai APMC Saraipali, Chattisgarh 23.2.2011


AP- ND

Jodhpur, Rajasthan 23.2.2011

660 NABCONS, Mumbai APMC Surajpole, Rajasthan 23.2.2011

661 NABCONS, Mumbai APMC Hapur, U.P. 23.2.2011


AP-ND

Lunglei, Mizoram

23.2.2011


AP-Ref

Serchhip, Mizoram

24.2.2011

664 NABCONS, Mumbai APMC Kolhapur , M.S. 24.2.2011

665 NABCONS, Mumbai APMC Amreli, Gujarat 24.2.2011

666 NABCONS, Mumbai APMC Bharuch, Gujarat 24.2.2011


AP- ND

Jhunnagadh, Gujarat, 24.2.2011


AP- ND

Banaskhanda, Gujarat 24.2.2011

669 NABCONS, Mumbai APMC Dhamtri, Chattisgarh 24.2.2011


AP- ND

Kanyakumari, Tamil Nadu 24.2.2011

671 NABCONS, Mumbai APMC Rajandgaon, Rajasthan 24.2.2011

672 ICEX, Mumbai General Agartala, Tripura 24.2.2011

673 MCX-GSK Farmers Vill: Nandra KH,


office, Jalgaon GSK (Jalgaon,

Maharashtra)

24.2.2011

674 MCX-GSK Farmers Vill. Pure Bunda ,

Paraiyanamaksar Branch Post

office (Jais GSK, RaeBareli)

U.P.

24.2.2011

675 MCX-GSK Farmers Vill. Pure Mitai, Babhanpur


RaeBareli) U.P.

24.2.2011

676 EEU, Lingasugar Farmers Hagari, Karnataka 25.2.2011


AP-Ref

Kolasib, Mizoram

25.2.2011

678 MCX-GSK Farmers Vill. Beval, Sujavariya

Branch Post office


U.P.

25.2.2011

679 MCX-GSK Farmers Vill. Ramsapur, Lahenga

Branch Post office


U.P.

25.2.2011

680 MCX-GSK Farmers Avhane Branch Post office,

Jalgaon GSK (Jalgaon,

Maharashtra)

25.2.2011

681 MCX, Mumbai

Bullion and

Physical Traders

Jabalpur, M.P.

25.2.2011

682 NABCONS, Mumbai APMC Roorkee pancahayt elections,

Uttarkhand

25.2.2011

683 NABCONS, Mumbai APMC Mandya, Karnataka 25.2.2011

684 NABCONS, Mumbai APMC Kolhapur, M.S. 25.2.2011

94


Category Place Date


AP- ND

Namakkal, Tamil Nadu 26.2. 2011

686 NABCONS, Mumbai APMC Mandsaur, M.P. 26.2.2011

687 MCX-GSK Farmers Shirsoli Branch Post office,

Jalgaon GSK (Jalgaon,

Maharashtra)

26.2.2011

688 MCX, Mumbai General Sriganganagar, Rajasthan 26.2.2011

689 NCDEX, Mumbai General Rewari, Haryana 28.2.2011

690 NABCONS, Mumbai APMC Jalgaon, M.S. 27.2.2011

691 NABCONS, Mumbai APMC Shimoga, Karnataka 28.2.2011

692 NABCONS, Mumbai PAC Peddapadu PACS West

Godavari, A.P.

28.2.2011


AP-ND

Dhalai, Tripura

28.2.2011


AP-Ref

Surat, Gujarat 1.3.2011

695 NABCONS, Mumbai PAC Manikantha PACS Krishna

A.P.

1.3.2011


AP- ND

Karimnagar, A.P. 1.3.2011

697 MCX, Mumbai General Delhi 1.3.2011

698 MCX-GSK Farmers Vill: SanKrpura, Upera

Branch post office, (Unjha

GSK, Mahesana), Gujarat

1.3.2011

699 MCX-GSK Farmers Vill: Pradhanpura, BhanKar

Branch post office, (Unjha

GSK, Mahesana), Gujarat

1.3.2011


AP- ND

Jangir, Chattisgarh 1.3.2011

701 NABCONS, Mumbai PAC Pardi, Valsad, Gujarat 1.3.2011


AP-ND

North Tripura

1.3.2011


AP-ND

Mamit, Mizoram

2.3.2011

704 NABCONS, Mumbai APMC Sakti, Chattisgarh 3.3.2011


AP – REF

Guntur, A.P. 3.3.2011


AP- ND

Vadodara, Gujarat 3.3.2011


AP-ND

West Siang,

Arunachal Pradesh

3.3.2011


AP- ND

Purba Medinipur, W.B. 4.3.2011

709 NABCONS, Mumbai APMC Jamnagar, Gujarat 4.3.2011

710 NABCONS, Mumbai PAC Sonipura Somnath, Kheda,

Gujarat

4.3.2011

711 MCX, Mumbai Members and

Traders

Chennai, T.N. 4.3.2011

712 MCX, Mumbai General Bangalore, Karnataka 4.3.2011

713 NCDEX, Mumbai General Nasik

Maharashtra

4.3.2011

95


Category Place Date

714 ICEX, Mumbai General Nagpur, M.S. 4.3.2011

715 ICEX, Mumbai Farmers Simboli, U.P 5.3.2011

716 MCX, Mumbai

Physical Traders

of Sugar

Ahmadabad, Gujarat 5.3.2011


Traders

Faridabad, Haryana 5.3.2011

718 NABCONS, Mumbai PAC FSS Buxar, Ghaziabad, U.P. 5.3.2011


AP-ND

Champhai, Mizoram 5.3.2011

720 NCDEX, Mumbai General Jorhat, Assam 6.3.2011

721 NCDEX, Mumbai Students Pondicherry University

Pondicherry

7.3.2011

722 NCDEX, Mumbai General Raichur, Karnataka 7.3.2011

723 NABCONS, Mumbai APMC Dewas, M.P. 8.3.2011

724 NABCONS, Mumbai APMC Ranchi, Jharkhand 8.3.2011

725 MCX-GSK Farmers Mandewaru Branch Post

Office (Jewargi GSK,

Gulbaraga), KarnataKa

8.3.2011

726 MCX-GSK Farmers Jeratagi Branch Post Office

(Jewargi GSK, Gulbaraga),

KarnataKa

8.3.2011

727 NCDEX, Mumbai Students Vels University-Chennai

TamilNadu

8.3.2011

728 NCDEX, Mumbai Students Chennai Business School

TamilNadu

9.3.2011

729 NCDEX, Mumbai General Alwar, Rajasthan 9.3.2011

730 MCX-GSK Farmers Bilawar Branch Post Office


KarnataKa

9.3.2011


AP-Ref

Dhule, M.S. 9.3.2011

732 NABCONS, Mumbai APMC Bilara, Rajasthan 10.3.2011

733 NABCONS, Mumbai APMC Dhar, M.P. 10.3.2011

734 NABCONS, Mumbai APMC Dhule, M.S. 10.3.2011

735 NABCONS, Mumbai APMC Panchmahal ̧Gujarat 10.3.2011

736 MCX-GSK Farmers Hipparaga(J) Branch Post


Gulbaraga), KarnataKa

10.3.2011

737 MCX-GSK Farmers Koodi Branch Post Office


KarnataKa

10.3.2011

738 NCDEX, Mumbai General Amritsar, Punjab 10.3.2011

739 NCDEX, Mumbai General Nagour, Rajasthan 11.3.2011

740 MCX, Mumbai

General Visakhapatnam, A.P. 11.3.2011

741 MCX, Mumbai

Member and

Physical Traders

(Mini Contracts)


742 MCX-GSK Farmers Deasanagi Branch Post


Gulbaraga), Karnataka

11.3.2011

96


Category Place Date

743 MCX-GSK Farmers Madari Branch Post Office


Karnataka

11.3.2011

744 NABCONS, Mumbai APMC Beed , M.S. 11.3.2011

745 NABCONS, Mumbai APMC Karimnagar, A.P. 12.3.2011


AP-Ref

Jalna, M.S. 12.3.2011

747 NCDEX, Mumbai General Merta, Rajasthan 12.3.2011


AP-Ref

Nadia , W.B. 12.3.2011

749 NABCONS, Mumbai PAC Patan, Gujarat 13.3.2011

750 NABCONS, Mumbai PAC Calicut, Kerala 14.3.2011


AP- ND

Calicut, Kerala 14.3.2011

752 NABCONS, Mumbai APMC Gunpur , Orissa 14.3.2011

753 NABCONS, Mumbai APMC Kurud, Chattisgarh 14.3.2011

754 NABCONS, Mumbai APMC Anand, Gujarat 15.3.2011


AP- ND

Bhavnagar, Gujarat 16.3.2011

756 NCDEX, Mumbai General Aarambagh

West Bengal

16.3.2011

757 NCDEX, Mumbai General Meghalaya

Deptt. of Agriculture

16.3.2011

758 NCDEX, Mumbai Students NEHU- Shillong

Meghalaya

16.3.2011


AP- ND

Bharatpur , Rajasthan 17.3.2011

760 NABCONS, Mumbai APMC Dhule, M.S. 17.3.2011

761 NABCONS, Mumbai PAC Barkul Service Coop Society,

Block-Banpur, Khurda.,

Orissa

17.3.2011


AP-Ref

West Tripura

17.3.2011

763 NABCONS, Mumbai APMC Durg, Chattisgarh 18.3.2011


AP- ND

Balasore, Orissa 18.3.2011


AP- ND

Navsari, Gujarat 18.3.2011


AP-Ref

Ganjam, Orissa 18.3.2011


AP-Ref

Rajkot, Gujarat 18.3.2011

768 MCX, Mumbai

Member and

Physical Trader

Mysore, Karnataka 18.3.2011

769 MCX, Mumbai

Members and

Traders

Hosur, Karnataka 18.3.2011

770 NCDEX, Mumbai General Dehrdun, Uttarkhand 18.3.2011

771 MCX, Mumbai

Member and

Physical Trader

Ahmadabad, Gujarat 19.3.2011

772 MCX, Mumbai

Member and

Physical Trader

Ganjbasoda., M.P. 19.3.2011

97


Category Place Date

773 NABCONS, Mumbai APMC Surendranagar, Gujarat 19.3.2011

774 MCX, Mumbai General Madurai, T.N. 20.3.2011


AP- ND

Durg, Chattisgarh 22.3.2011


AP- ND

Bargarh, Orissa 22.3.2011


AP- ND

Wayanad, Kerala 22.3.2011

778 NABCONS, Mumbai APMC Ahmedabad, Gujarat 22.3.2011

779 NABCONS, Mumbai APMC Navsari, Gujarat 22.3.2011

780 NABCONS, Mumbai PAC Wayanad, Kerala 22.3.2011

781 MCX-GSK Farmers Vill: Jwalagarh, Salawa

Branch Post Office (Sardhana

GSK, Meerut), U.P.

22.3.2011


Physical Trader

Rasipuram, T.N. 22.3.2011

783 MCX-GSK Farmers Vill: BhoopKhera,

Mujahidpur Branch Post


Meerut), U.P.

23.3.2011

784 MCX-GSK Farmers Vill: Fareedpur, Kheda


GSK, Meerut), U.P.

23.3.2011

785 NCDEX, Mumbai General Agra, Uttar Pradesh 23.3.2011

786 NABCONS, Mumbai PAC Idukki, Kerala 23.3.2011

787 NABCONS, Mumbai APMC Balod, Chattisgarh 23.3.2011


AP- ND

Mehaboobnagar, A.P 23.3.2011


AP- ND

Idukki, Kerala 23.3.2011


AP-Ref

Ajmer, Rajasthan 24.3.2011


AP-Ref

Kota Rajasthan 24.3.2011


Physical Trader

Kolkata, W.B. 24.3.2011

793 MCX-GSK Farmers Vill: Phali, Kaland Branch

Post Office (Sardhana GSK,

Meerut), U.P.

24.3.2011

794 MCX-GSK Farmers Vill: Nahali, PitloKer Branch


Meerut), U.P.

24.3.2011

795 MCX, Mumbai

Members and

Physical Traders

(Mini Contracts)

Thalassery, Kerala 25.3.2011

796 MCX, Mumbai

Members and

Physical Traders

(Mini Contracts)

Perinthalmanna, Kerala 25.3.2011

797 MCX-GSK Farmers Vill: Chandana, Chaboriya


GSK, Meerut), U.P.

25.3.2011

98


Category Place Date

798 MCX-GSK Farmers Vill: Nawada, Kaland Branch


Meerut), U.P.

25.3.2011

799 MCX, Mumbai Members Delhi 25.3.2011

800 MCX, Mumbai

Physical Traders

and Investors

Gudivada, A.P. 25.3.2011

801 MCX, Mumbai

Physical Traders

and Investors

Kanpur, U.P. 28.3.2011

802 NCDEX, Mumbai General Suratgarh, Rajasthan 26.3.2011

803 NCDEX, Mumbai General Coimbatore, Tamil Nadu 26.3.2011

804 MCX-GSK Farmers DauKlatpura-2 Branch Post

Office, (Masuda GSK,

Ajmer), Rajasthan 27.3.2011

805 MCX-GSK Farmers Begliyas Branch Post Office,

(Masuda GSK, Ajmer),

Rajasthan 27.3.2011

806 MCX-GSK Farmers Vill: MAHAMDPUR, Sarul

Branch Post Office,

(Babhulgaon GSK,

Yavatmal), Maharashtra 27.3.2011

807 MCX-GSK Farmers Viil: SINDHI, Pachkhed

Branch Post Office,

(Babhulgaon GSK,


808 NABCONS, Mumbai Farmers AP-Ref Vidisha, M.P. 27.3.2011


AP- ND

Chittoor, A.P. 28.3.2011

810 MCX-GSK Farmers Vill: DEVGAON, Ganori

Branch Post Office,

(Babhulgaon GSK,


811 MCX-GSK Farmers Vill: PINPRI, Naygaon

Branch Post Office,

(Babhulgaon GSK,


812 MCX-GSK Farmers Devmali Branch Post Office,


Rajasthan 28.3.2011

813 MCX-GSK Farmers Dholdanta Branch Post



814 MCX-GSK Farmers Jehipiya Branch Post Office,


Rajasthan 29.3.2011

815 MCX-GSK Farmers Kund Ka Lamba Branch Post



816 MCX-GSK Farmers Vill: KHADKSAWANGA,

Dighi Branch Post Office,

(Babhulgaon GSK,


99


Category Place Date

817 MCX-GSK Farmers Vill: MITNAPUR, Falegaon

Branch Post Office,

(Babhulgaon GSK,


818 NCDEX, Mumbai General Bareily, Uttar Pradesh 29.3.2011

819 NABCONS, Mumbai Farmers AP- ND Kottayam, Kerala 29.3.2011

820 MCX-GSK Farmers Vill: HIWARA, Pardi Branch

Post Office, (Babhulgaon

GSK, Yavatmal),

Maharashtra

30.3.2011

821 MCX-GSK Farmers Vill: KOPRA, Dighi Branch

Post Office, (Babhulgaon

GSK, Yavatmal,

Maharashtra) 30.3.2011

822 MCX-GSK Farmers Satwariya Branch Post



823 MCX-GSK Farmers Moyana Branch Post Office,


Rajasthan 30.3.2011

824 NCDEX, Mumbai General Madurai, Tamil Nadu 30.3.2011

825 NCDEX, Mumbai General Haldwani 30.3.2011

826 MCX-GSK Farmers Shyamgarh Branch Post



827 MCX-GSK Farmers Nandwara Branch Post



828 MCX-GSK Farmers Vill: KONDHA, Naygaon

Branch Post Office,

(Babhulgaon GSK,


829 MCX-GSK Farmers Vill: WATKHED(KHURD),

Watkhed Branch Post Office,

(Babhulgaon GSK,

Yavatmal), Maharashtra

31.3.2011

Annexure VII-B

Statewise Summery of Awareness Programmes conducted for Farmers / Non-farmers.

S. No. Names of States Farmers Others Total

1 Maharashtra 103 34 137

2 Andhra Pradesh 9 20 29

3 West Bengal 12 14 26

4 Uttaranchal 8 13 21

5 Punjab 8 10 18

6 Gujarat 15 22 37

100

7 Kerala 8 14 22

8 Tamil Nadu 12 20 32

9 Karnataka 38 29 67

10 Rajasthan 29 36 65

11 Bihar 6 8 14

12 Madhya Pradesh 46 19 65

13 Uttar Pradesh 130 20 150

14 Jharkhand 8 16 24

15 Haryana 11 8 19

16 New Delhi -- 9 9

17 Orissa 8 11 19

18 Assam 7 3 10

19 Himachal Pradesh 3 9 12

20 Nagaland 1 4 5

21 Mizoram 7 -- 7

22 Meghalaya -- 2 2

23 Sikkim 4 -- 4

24 Manipur -- 1 1

25 Chatttisgarh 5 15 20

26 Jammu -- 1 1

27 Tripura 4 2 6

28 Arunachal Pradesh 3 -- 3

29 Pondicherry -- 2 2

30 Chandigarh -- 1 1

31 Goa 1 -- 1

TOTAL 486 343 829

Annexure VIII

Details of Capacity Building programmes conducted during 2010-11.

S.

No.

Name of the

Institute

Dates of the

programme conducted

Name of the programme Category of participants

1 J. N. Krishi Vishwa

Vidyalaya,

Jabalpur - (M.P.).

10th and 11

th

June, 2010

Training programme on

commodity futures market

for Agricultural

Universities

faculty/students of

Jabalpur(M.P.),

Raipur and Rajmata

Vijayarajy Schindiya

Krishi Viswa Vidyalaya,

Gwalior

2 VAMNICOM,

Pune

24-26th June,

2010

Futures trading on

agricultural commodities

For BODs & MDs of

SCBs and DCCBs

101

S. No.

Name of the Institute

Dates of the programme

conducted


3 VAMNICOM,

Pune

24-26th June,

2010

Futures trading on


For Executives/Managers

of SCBs and DCCBs

4 HAFED, Haryana 17-18th June,

2010


commodity market

For office bearers and

management of Hafed,

Haryana

5 MPUAT, Udaipur 25-26th June

2010


commodity futures market

for Agricultural

Universities

For faculty members and

student of the University

6 National Bank Staff

College, Lucknow

19-20th July,

2010

Futures trading of


MDs, GMs, DGMs and

other levels of officers of

the cooperative banks

across the country

7 T.N. Agri. Univ.

Coimbatore

21-22nd

July,

2010

Faculty Development

Programme

Commerce/Economics/M

anagement of Bharathiar

University, its affiliated

Institutions and other

colleges and Universities

in and around Coimbatore

8 D.G. ICM, Gadgil,

Nagpur

30-31st July,

2010

Futures trading of


For cooperatives

personnel of Vidharbha

and Marathwada regions

of Maharashtra, Board of

Management, Secretaries,

Assistant Secretaries and

President of Primary

Agricultural Marketing

Societies

9 Punjab Agricultural

University,Ludhiana

5-6th August,

2010

Futures trading of


For faculty of KVKs and

other extension scientist

10 D.G. ICM, Gadgil,

Nagpur

12-13th August,

2010

Futures trading of


For cooperatives

personnel of Vidharbha

and Marathwada regions

of Maharashtra, Board of

Management, Secretaries,

Assistant

Secretaries and President

of Primary Agricultural

Marketing Societies

11 TOPIC Gurgaon 26-27th

Aug.2010

Futures trading of


For Development

officers of Coop.

Departments/DCCBs

12 University of

Agricultural

Sciences, Banglore

26-27th

August, 2010

Commodity Futures Market

for Agricultural

Universities

for KVK staff, your

Department personnel,

University staff and first

year MBA(ABM)

students

13 VAMNICOM, Pune 20-22nd

Sept.2010

Programme on creating

excellence through strategy

and culture

Cooperative personnel

102

S. No.



conducted


14 Navsari Agricultural

Univ. Navsari

21-22nd

Sept.

2010


for Agricultural

Universities.

For students of MBA

(Agribusiness)

15 Pondicherry

University

25-26th Sept.

2010

Faculty Development

Programme on commodity

derivatives

For commerce,

Economics, Management

& Sciences of

Pondicherry University &

colleges in University &

T .N.

16 Institute of

Cooperative

Management, Jaipur

30th Sept.- 1

st

Oct. 2010

Futures trading of

Agricultural Commodity

For Board of Directors of

PACs/ PAMGs

17 NITIE, Mumbai 7-8th October,

2010

National Seminar on

Commodity Markets

Ecosystem Recent Trends

and Prospects ahead.

Associated with

commodity trade

18 Dr. Panjabrao

Deshmukh Krishi

Vidyapeeth,

Akola

13-14th Oct.

2010 Commodity Futures Market

for Agricultural

Universities

For faculty and students

of the University

19 Udaybhansinghji

RICM,

Gandhinagar

(Gujarat)

19-20th

Oct.2010

On Commodity Futures

Market.

Senior level cooperative

personnel (MDs and

CEOs of Cooperative

banks and Cooperative

Marketing Federations)

and mandi officials of the

State of Gujarat

20 Udaybhansinghji

RICM,

Gandhinagar

(Gujarat)

22-23rd

Oct.2010


Market.

-do-

21 VAMNICOM, Pune 25-27th

Oct.2010

Programme on commodity

futures market for

cooperatives

For Cooperative

personnel

22 LBSNAA,

Mussorie

11th Nov. 2010 IAS Phase IV Mid Career

Programme

For IAS phase IV

23 IRMA, Anand 11-12th Nov.

2010


Market

For cooperative

marketing societies and

marketing federations

24 Institute of

Cooperative

Management, Jaipur

15-16th Nov.

2010

Futures trading of



DCCBs

25 Mahatama Phule

Krishi Vidypeeth,

Rahuri,

Ahmedanagar

21.11.2010 Commodity exchanges and

forward/futures markets

For students and faculty

26 Govt.of Kerala,

Thiruvananthapura

m

25.11.2010 Commodity Futures

Markets For Commercial Tax

Officials.

103

S. No.



conducted


27 Central Agricultural

University Pasighat,

Arunachal Pradesh

25-26th

Nov.2010

On commodity futures

markets

For the officers of the

University, Krishi Vigyan

Kendras, State

Department of

Agriculture and State

Department of

Horticulture of Arunachal

Pradesh

28 TOPIC Gurgaon 1-2nd

Dec.2010 Futures trading of

agricultural commodities Cooperatives. For JRCS/DRCS/ARCS/

Managers of DCCBs

29 Institute of

Cooperative

Management, Jaipur

6-7th Dec. 2010 Futures trading of


For Members of PACs /

PAMGs

30 Bharathidasan

University,

Tamil Nadu

11-12th

Dec.2010

Seminar on “Recent Trends

in Derivatives and Risk

Management”

For students, companies

and other entities.

31 CCS Haryana

Agricultural

University, Hissar

14-15th Dec.

2010


for Agricultural

Universities (CB)

For teachers and students

of the University

32 CCS Haryana

Agricultural

University, Hissar

16.12.2010 Commodity Futures Market

for Agricultural

Universities (awareness

prog.)

For officials of KVKs

33 BIRD, Lucknow 8-10th Dec.

2010

Futures Trading of

Agricultural Commodities

For bank officers

34 ICM, Bhopal 6-7th Jan.2011 On Commodity Futures

Market.

For MDs and CEOs of

DCCBs and CEOs of

M.P. and Chattisgarh

35 UAS, Raichur 24-25th Jan.

2011


Market

For students and teachers

oft UAS, Raichur

36 IIM(Lucknow) 27-28th

January, 2010

On commodity futures

markets

Secretaries/Addl.

Secretaries/Jt. Sect. of

Central & State Govt.

37 Regional

Agriculture

Research

Station (RARS),

Lam, Guntur,

17-18th

Jan.2011


Market for Agricultural

Universities

Students and scientist

38 Regional

Agriculture

Research

Station (RARS),

Lam, Guntur,

19th Jan.2011 On Commodity Futures


Universities

Awareness programme

for farmers

39 XIMB,

Bhubhaneshwar

28th Jan.2011 On Commodity Futures


Universities

For students of PGPBFS

40 NIAM, Jaipur 8-9th Feb. 2011 Futures trading in


APMC Secretary of

Assam SAMB

/Directorate of Agri.

Marketing

104

S. No.



conducted


41 IGICM,

Lucknow

14-15th

February, 2011

“Futures Trading of

Agricultural Commodities”.

For Secretaries, Managers

and Heads of Marketing

Boards and Mandi

Parishad of U.P. State

42 IGICM,

Lucknow

21-22nd

February, 2011





Boards and Mandi


43 Institute of

Cooperative

Management, Jaipur

17-18th Feb.

2011

Futures trading of



PACs

44 TOPIC Gurgaon 24-25th

Feb.2011

Futures trading of


Cooperatives.

For Managers of State

Mktg.

Federations/DCCBs &

officers of NCDC

45 Institute of

Cooperative

Management, Jaipur

31st Jan.-1

st

Feb. 2011

Futures trading of



PAMGs

46 Utkal University,

Bhubaneshwar

28.1.2011 Futures trading of


P.G. students of the

University

47 Institute of

Cooperative

Management, Jaipur

3-4th

March,2011

Futures trading of



PACs/ PAMGs

48 IGICM

Lucknow

7-8th March,

2011





Boards and Mandi


49 Anand Agricultural

University, Anand

7-8th March,

2011

Futures trading of


for the faculty of

Agricultural Universities

of Gujarat, officers of line

Department/Board/Corpo

ration, P.G. Students and

progressive farmers

50 TOPIC Gurgaon 10-11th March,

2011

Futures trading of

agricultural commodities Cooperatives. for Development officers

of Coop.

Departments/DCCBs

51 NIAM, Jaipur 8-9th March,

2011

Futures trading of


APMC Secretary of

Punjab, Haryana/ SAMB


Marketing


2011

Futures trading of


APMC Secretary of West

Bangal/ SAMB


Marketing

105

S. No.



conducted


53 Anand Agricultural

University, Anand

16-17th March,

2011

Futures trading of


for the faculty of

Agricultural Universities

of Gujarat, officers of line

Department/Board/Corpo

ration, P.G. Students and

progressive farmers

54 NIAM, Jaipur 22-23rd

March,

2011

Futures trading in


APMC Secretary of

Nagaland SAMB


Marketing


2011

Futures trading in


UP Mandi Parishad

56 IGICM,

Lucknow

24-25th March,

2011





Boards and Mandi


57 NIAM, Jaipur 25-26th

March, 2011

Futures trading in


Tamil Nadu SAMB


2011

Futures trading in


Himachal Pradesh SAMB


2011

Futures trading in


Maharashtra SAMB

60 NABCONS 22nd

nov. 2010 Tot For nabcons officers

61 NABCONS 28.11.2010

Tot For nabcons officers

62 NABCONS 7.12.2010 Tot For nabcons officers
















78 NABCONS 15-16th nov.

2010

Tot Nodal officers of 19 state

govts.

79 NABCONS 9.12.2010 Tot Ner, state level

Annexure - IX

Details of international training programmes/conferences/meetings attended by officers of

106

the Commission – 2010-11

S. No. Deputation Details Period of deputation

1 To attend the 35th

Annual International Conference

of IOSCO at Montreal, Canada from 6th to10

th June,

2010

6th - 10

th June, 2010

2 SFOA Programme – “31st Annual SFOA

Burgenstock Meeting”, September 8th - 11

th, 2009 and

26th Annual Burgenstock Regulators’ Meeting – 9

th

September, 2009

8th -11

th September,

2010

3 Meeting of the IOSCO Technical Committee Task

Force on Commodity Futures Markets at London on

27th September, 2010.

27th September,2010

4 Training programme organized by the Euromoney on

‘Commodity Markets, Derivatives and Finance’ at

Hong Kong from 5-8 October, 2010

5th - 8

th October, 2010

5 To attend the IOSCO-EMC meeting at Istanbul,

Turkey from 13th – 15

th October, 2010.

13th - 15

th October,

2010

6 Training programme organized by the USCFTC on

“International Market Authorities on Regulation of

Derivative Products, Markets and Financial

Intermediaries” at the Federal Reserve Bank of

Chicago from October 17-22, 2010

17th

- 22nd

October,

2010

7 To attend the International Regulators Meeting and

the 36th

Annual International Futures Industry

Conference from 15th

- 18th March, 2011.

15th

- 18th March, 2011.

8 Shri D.S. Kolamkar, Member to attend the G-20

meeting of Agriculture deputies at Paris from 23-24

March, 2011

23rd

-24th March, 2011

107

SPOT & FUTURES PRICES OF SILVER AT MCX

`. PER KG

FUTURES CLOSING PRICES FOR CONTRACT EXPIRING ON Date SPOT

5-May-10 5-Jul-10 4-Sep-10 4-Dec-10 5-Mar-11 5-May-11 5-Jul-11 5-Sep-11 5-Dec-11

31-Mar-10 26875.00 26935.00 27141.00 27346.00 27506.00

15-Apr-10 27775.00 27855.00 28041.00 28246.00 28410.00

30-Apr-10 28235.00 28304.00 28297.00 28418.00 28577.00

15-May-10 29520.00 29658.00 29758.00 29931.00 30183.00

31-May-10 29263.00 29292.00 29385.00 29484.00 29215.00

15-Jun-10 29210.00 29366.00 29445.00 29551.00 29645.00

30-Jun-10 29575.00 29604.00 29607.00 29708.00 29832.00

15-Jul-10 29150.00 29170.00 29272.00 29356.00 29559.00

31-Jul-10 28644.00 28636.00 28750.00 28862.00 28950.00

14-Aug-10 28993.00 29039.00 29194.00 29270.00 29416.00

31-Aug-10 30140.00 30915.00 30887.00 30956.00 30991.00

15-Sep-10 32050.00 32108.00 32220.00 32282.00 32330.00

30-Sep-10 33350.00 32962.00 33097.00 33185.00 33310.00

15-Oct-10 36450.00 36106.00 36230.00 36344.00 36574.00

30-Oct-10 37075.00 37105.00 37378.00 37518.00 37625.00

15-Nov-10 39575.00 39610.00 39869.00 40144.00 40329.00

30-Nov-10 41805.00 43009.00 43198.00 43320.00 43428.00

15-Dec-10 44250.00 44442.00 44631.00 44750.00 44832.00

31-Dec-10 46065.00 46217.00 46433.00 46593.00 46712.00

15-Jan-11 44600.00 43842.00 44157.00 44306.00 44452.00

31-Jan-11 42950.00 43640.00 43936.00 44033.00 44178.00

15-Feb-11 46050.00 46390.00 47107.00 47317.00 47469.00

28-Feb-11 49600.00 49850.00 51113.00 51553.00 51919.00

15-Mar-11 52450.00 52084.00 52850.00 53481.00 54913.00

31-Mar-11 55900.00 55970.00 56609.00 57261.00 58157.00

108

SPOT & FUTURES PRICES OF GOLD AT MCX

`. PER 10 GRAMS


5-Apr-10 5-Jun-10 5-Aug-10 5-Oct-10 4-Dec-10 5-Feb-11 5-Apr-11 4-Jun-11 5-Aug-11 5-Oct-11

31-Mar-10 16300.00 16295.00 16436.00 16527.00 16592.00

15-Apr-10 16750.00 16838.00 16920.00 17012.00 17049.00

30-Apr-10 17015.00 17125.00 17208.00 17291.00 17339.00

15-May-10 18177.00 18164.00 18248.00 18345.00 18327.00

31-May-10 18377.00 18385.00 18398.00 18466.00 18525.00

15-Jun-10 18565.00 18664.00 18747.00 18780.00 18831.00

30-Jun-10 18805.00 18852.00 18926.00 19001.00 19047.00

15-Jul-10 18428.00 18400.00 18488.00 18565.00 18653.00

31-Jul-10 17799.00 17770.00 17937.00 18025.00 18090.00

14-Aug-10 18509.00 18565.00 18662.00 18727.00 18799.00

31-Aug-10 18920.00 19134.00 19236.00 19339.00 19410.00

15-Sep-10 19185.00 19139.00 19232.00 19325.00 19440.00

30-Sep-10 19165.00 19035.00 19239.00 19345.00 19427.00

15-Oct-10 19810.00 19835.00 20006.00 20148.00 20250.00

30-Oct-10 19680.00 19807.00 20000.00 20153.00 20285.00

15-Nov-10 20130.00 20223.00 20415.00 20600.00 20676.00

30-Nov-10 20500.00 20538.00 20807.00 20969.00 21067.00

15-Dec-10 20533.00 20631.00 20827.00 20969.00 21152.00

31-Dec-10 20575.00 20728.00 20921.00 21073.00 21193.00

15-Jan-11 20325.00 20261.00 20487.00 20673.00 20837.00

31-Jan-11 19920.00 19922.00 20170.00 20386.00 20567.00

15-Feb-11 20325.00 20500.00 20734.00 20924.00 21124.00

28-Feb-11 20800.00 20923.00 21227.00 21551.00 21828.00

15-Mar-11 20730.00 20605.00 20907.00 21246.00 21588.00

31-Mar-11 20760.00 20693.00 21058.00 21375.00 21686.00

109

SPOT & FUTURES PRICES OF CRUDE OIL AT MCX

` PER 10 GRAMS

Date Spot 19-Apr-

10 19-May-

10 21-Jun-

10 19-Jul-

10 19-Aug-

10 20-Sep-

10 20-Oct-

10 18-Nov-

10 17-Dec-

10

31-Mar-10 3702.00 3751.00 3769.00 3787.00 3814.00 3822.00 3829.00

15-Apr-10 3830.00 3800.00 3852.00 3907.00 3925.00 3961.00 3959.00

30-Apr-10 3796.00 3814.00 3908.00 3964.00 3995.00 4024.00 4034.00

15-May-10 3230.00 3264.00 3440.00 3558.00 3638.00 3689.00 3740.00

31-May-10 3443.00 3464.00 3526.00 3577.00 3625.00 3664.00 3695.00

15-Jun-10 3498.00 3556.00 3615.00 3659.00 3698.00 3744.00 3764.00

30-Jun-10 3533.00 3523.00 3563.00 3603.00 3647.00 3692.00 3714.00

15-Jul-10

3592.00 3558.00 3590.00 3622.00 3659.00 3689.00 3736.00

31-Jul-10

3668.00

3654.00 3686.00 3716.00 3743.00 3780.00

14-Aug-10 3512.00 3537.00 3580.00 3624.00 3661.00 3696.00

31-Aug-10 3499.00 3449.00 3526.00 3609.00 3657.00

15-Sep-10 3561.00 3514.00 3585.00 3659.00 3713.00

30-Sep-10 3497.00 3591.00 3650.00 3703.00

15-Oct-10 3653.00 3599.00 3653.00 3704.00

30-Oct-10 3627.00 3630.00 3689.00

15-Nov-10 3789.00 3854.00 3906.00

30-Nov-10 3927.00 3923.00

15-Dec-10 3973.00 4020.00

31-Dec-10 4034.00

15-Jan-11 4147.00

31-Jan-11 4086.00

15-Feb-11 3859.00

28-Feb-11 4441.00

15-Mar-11 4569.00

31-Mar-11 4668.00

110

SPOT & FUTURES PRICES OF CRUDE OIL AT MCX

`. PER 10 GRAMS

Date Spot 19-Jan-

11 21-Feb-

11 21-Mar-

11 18-Apr-

11 19-May-

11 20-Jun-

11 19-Jul-

11 19-Aug-

11 19-Sep-

11

31-Mar-10 3702.00

15-Apr-10 3830.00

30-Apr-10 3796.00

15-May-10 3230.00

31-May-10 3443.00

15-Jun-10 3498.00

30-Jun-10 3533.00

15-Jul-10 3592.00

31-Jul-10 3668.00 3798.00

14-Aug-10 3512.00 3730.00

31-Aug-10 3499.00 3695.00 3735.00

15-Sep-10 3561.00 3759.00 3792.00

30-Sep-10 3497.00 3743.00 3781.00 3818.00

15-Oct-10 3653.00 3754.00 3798.00 3850.00

30-Oct-10 3627.00 3737.00 3781.00 3814.00 3853.00

15-Nov-10 3789.00 3950.00 3995.00 4025.00 4056.00

30-Nov-10 3927.00 3970.00 4008.00 4056.00 4085.00 4134.00

15-Dec-10 3973.00 4074.00 4124.00 4168.00 4171.00 4224.00

31-Dec-10 4034.00 4088.00 4146.00 4198.00 4217.00 4277.00 4312.00

15-Jan-11 4147.00 4163.00 4230.00 4293.00 4357.00 4395.00 4477.00

31-Jan-11 4086.00 4229.00 4345.00 4432.00 4447.00 4569.00 4592.00

15-Feb-11 3859.00 3831.00 4009.00 4178.00 4308.00 4419.00 4484.00

28-Feb-11 4441.00 4444.00 4536.00 4588.00 4636.00 4674.00 4715.00

15-Mar-11 4569.00 4465.00 4532.00 4588.00 4636.00 4672.00 4727.00

31-Mar-11 4668.00 4744.00 4794.00 4840.00 4892.00 4942.00 4991.00

111

SPOT & FUTURES PRICES OF COPPER AT MCX

`. PER KG


30-Apr-10 30-Jun-10 31-Aug-10 30-Nov-10 28-Feb-11 29-Apr-11 30-Jun-11 30-Aug-11

31-Mar-10 353.05 351.35 352.45 354.00

15-Apr-10 355.15 352.30 354.40 355.90

30-Apr-10 327.55 327.00 330.90 332.70

15-May-10 311.60 312.80 315.15 317.45

31-May-10 318.55 319.30 321.75 323.10

15-Jun-10 307.20 308.65 312.00 314.65

30-Jun-10 299.00 301.65 305.80 308.90

15-Jul-10 309.30 311.65 314.70

31-Jul-10 339.20 338.35 340.65

14-Aug-10 333.95 335.05 338.05 340.55

31-Aug-10 352.45 348.85 349.25 351.15

15-Sep-10 354.60 354.45 356.55

30-Sep-10 362.60 362.15 364.00

15-Oct-10 371.65 374.80 376.60

30-Oct-10 366.60 369.10 373.20

15-Nov-10 383.20 391.80 395.65 398.05

30-Nov-10 379.55 388.05 388.85 391.00

15-Dec-10 417.65 416.00 418.10

31-Dec-10 431.85 439.50 442.35

15-Jan-11 440.60 446.60 449.05 450.35

31-Jan-11 440.95 451.90 454.80 456.15

15-Feb-11 464.30 455.70 459.90 462.40

28-Feb-11 443.70 446.05 451.30 454.10

15-Mar-11 416.70 417.00 421.45 424.20

31-Mar-11 421.85 425.30 431.05 435.70

112

SPOT & FUTURES PRICES OF NICKEL AT MCX

`. PER KG

FUTURES CLOSING PRICES FOR CONTRACT EXPIRING ON Date SPOT 31-Mar-

10 30-Apr-

10 28-May-

10 30-Jun-

10 30-Jul-

10 31-Aug-

10 30-Sep-

10 29-Oct-

10 30-Nov-

10 31-Dec-

10 31-Jan-

11 28-Feb-

11 31-Mar-

11 28-Apr-

11 31-May-

11

31-Mar-10 1125.70 1125.20 1121.20 1122.20

15-Apr-10 1184.40 1204.20 1207.20 1208.90

30-Apr-10 1146.90 1146.90 1171.50 1172.60

15-May-10 1000.10 972.60 977.60 982.50

31-May-10 1003.10 988.70 992.90 999.00

15-Jun-10 939.40 943.40 947.60 949.30

30-Jun-10 905.30 905.30 920.20 925.90

15-Jul-10 902.70 906.60 913.30 916.60

31-Jul-10 955.10 978.80 985.20 982.20

14-Aug-10 1000.20 999.00 1006.30 1012.20

31-Aug-10 974.90 974.90 980.50 988.50

15-Sep-10 1074.70 1077.70 1083.60 1088.10

30-Sep-10 1050.60 1050.60 1055.40 1062.70

15-Oct-10 1067.20 1063.90 1072.60 1080.10

30-Oct-10 1010.50 1037.00 1047.00

15-Nov-10 1016.20 1019.00 1028.60 1037.20

30-Nov-10 1040.20 1040.20 1054.20 1064.30

15-Dec-10 1100.30 1112.90 1121.60 1130.50

31-Dec-10 1118.00 1118.00 1117.50 1128.10

15-Jan-11 1153.50 1186.10 1192.80 1197.60

31-Jan-11 1244.00 1244.00 1254.60 1259.30

15-Feb-11 1313.40 1305.50 1309.90 1316.80

28-Feb-11 1302.80 1302.80 1312.70 1318.30

15-Mar-11 1135.30 1126.60 1135.10 1143.20

31-Mar-11 1164.40 1164.40 1177.50 1185.70

113

SPOT & FUTURES PRICES OF ZINC AT MCX

`. PER KG


10 30-Apr-

10 28-May-

10 30-Jun-

10 30-Jul-

10 31-Aug-

10 30-Sep-

10 29-Oct-

10 30-Nov-

10 31-Dec-

10 31-Jan-

11 28-Feb-

11 31-Mar-

11 28-Apr-

11 31-May-

11

31-Mar-10 106.50 106.45 105.90 106.50

15-Apr-10 106.20 109.90 110.45 110.90

30-Apr-10 100.25 100.25 101.85 102.55

15-May-10 92.50 91.20 92.10 92.80

31-May-10 88.20 89.20 90.25 91.00

15-Jun-10 82.80 84.50 85.60 86.30

30-Jun-10 80.55 80.55 83.00 84.20

15-Jul-10 85.20 84.50 85.75 86.30

31-Jul-10 91.70 92.95 93.90 94.30

14-Aug-10 94.65 95.20 96.25 97.20

31-Aug-10 96.35 96.35 97.35 98.35

15-Sep-10 98.25 98.50 99.65 100.70

30-Sep-10 97.75 97.75 98.65 99.75

15-Oct-10 104.80 105.75 106.80 107.80

30-Oct-10 106.55 108.70 109.75 110.30

15-Nov-10 104.05 105.45 106.75 107.40

30-Nov-10 96.50 96.50 97.75 98.90

15-Dec-10 102.35 102.60 103.80 105.15

31-Dec-10 109.00 109.00 109.80 111.00

15-Jan-11 110.10 111.85 112.95 113.90

31-Jan-11 107.25 107.25 110.70 111.75

15-Feb-11 113.40 112.40 113.45 115.75

28-Feb-11 111.90 111.90 113.70 114.75

15-Mar-11 101.15 103.45 104.70 105.70

31-Mar-11 103.50 103.50 105.50 106.75

114

SPOT & FUTURES PRICES OF LEAD AT MCX

`. PER KG


10 30-Apr-

10 28-May-

10 30-Jun-

10 30-Jul-

10 31-Aug-

10 30-Sep-

10 29-Oct-

10 30-Nov-

10 31-Dec-

10 31-Jan-

11 28-Feb-

11 31-Mar-

11 28-Apr-

11 31-May-

11

31-Mar-10 95.70 95.75 96.90 97.95

15-Apr-10 101.60 103.25 104.40 104.95

30-Apr-10 96.70 96.70 98.90 99.85

15-May-10 88.05 86.35 87.40 88.55

31-May-10 84.75 85.60 86.70 87.75

15-Jun-10 78.60 80.90 81.95 82.80

30-Jun-10 78.75 78.75 81.40 82.50

15-Jul-10 84.15 83.75 84.90 86.95

31-Jul-10 95.80 95.45 96.40 96.50

14-Aug-10 96.20 96.15 97.15 98.50

31-Aug-10 94.65 94.65 96.65 97.65

15-Sep-10 101.85 102.00 102.90 103.85

30-Sep-10 101.60 101.60 101.90 102.85

15-Oct-10 104.60 105.80 106.70 107.45

30-Oct-10 108.50 109.90 110.85 111.60

15-Nov-10 109.15 110.55 111.30 112.10

30-Nov-10 101.75 101.75 102.85 103.85

15-Dec-10 108.40 109.25 110.30 110.65

31-Dec-10 115.90 115.90 115.25 116.00

15-Jan-11 120.10 122.80 122.60 122.80

31-Jan-11 118.35 118.35 115.90 115.70

15-Feb-11 120.60 118.90 118.90 120.10

28-Feb-11 114.50 114.50 116.05 116.70

15-Mar-11 112.70 114.20 114.40 113.90

31-Mar-11 121.45 121.45 121.95 121.60

115

SPOT & FUTURES PRICES OF SOY OIL AT NCDEX

`. PER 10KG.

FUTURES CLOSING PRICES FOR CONTRACT EXPIRING ON Date Spot 20-Apr-

10 20-May-10

18-Jun-10

20-Jul-10

20-Aug-10

20-Sep-10

20-Oct-10

19-Nov-10

31-Mar-10 450.60 449.95 449.60 450.60

15-Apr-10 445.55 449.30 450.35 450.75 451.50

30-Apr-10 447.20 451.50 453.00 454.00

15-May-10 445.45 442.65 443.60 445.60 447.35

31-May-10 450.25 450.15 452.05 453.55

15-Jun-10 437.70 440.15 442.95 444.05 444.55

30-Jun-10 440.30 444.85 447.30 447.90

15-Jul-10 455.55 457.60 465.10 468.90 469.70

31-Jul-10 483.30 490.85 494.20 494.05

14-Aug-10 514.80 517.40 519.15 518.05 514.40

31-Aug-10 486.15 486.00 484.65 481.45

15-Sep-10 471.65 471.60 478.05 479.10

30-Sep-10 482.60 488.85 495.75

15-Oct-10 515.65 514.10 523.60

30-Oct-10 521.40 530.85

15-Nov-10 561.75 565.95

30-Nov-10 561.05

15-Dec-10 578.70

31-Dec-10 624.85

15-Jan-11 631.45

31-Jan-11 642.15

15-Feb-11 630.00

28-Feb-11 631.50

15-Mar-11 601.75

31-Mar-11 591.20

116

SPOT & FUTURES PRICES OF SOY OIL AT NCDEX

`. PER 10 KG.

FUTURES CLOSING PRICES FOR CONTRACT EXPIRING ON

Date Spot 20-Dec-10

20-Jan-11

18-Feb-11

18-Mar-11

20-Apr-11

20-May-11

20-Jun-11

20-Jul-11

19-Aug-11

31-Mar-10 450.60

15-Apr-10 445.55

30-Apr-10 447.20

15-May-10 445.45

31-May-10 450.25

15-Jun-10 437.70

30-Jun-10 440.30

15-Jul-10 455.55

31-Jul-10 483.30

14-Aug-10 514.80

31-Aug-10 486.15

15-Sep-10 471.65 481.50

30-Sep-10 482.60 501.00

15-Oct-10 515.65 530.45 536.50

30-Oct-10 521.40 542.15 549.05

15-Nov-10 561.75 578.85 587.10 594.60

30-Nov-10 561.05 568.75 581.25 588.70

15-Dec-10 578.70 581.75 600.75 613.35 619.80 626.25 629.70

31-Dec-10 624.85 632.55 643.65 649.35 654.75 658.60

15-Jan-11 631.45 632.65 644.65 652.55 659.70 663.85 663.70

31-Jan-11 642.15 658.60 670.30 676.90 680.55 683.50

15-Feb-11 630.00 633.60 655.70 667.05 673.35 677.75 683.50

28-Feb-11 631.50 628.40 636.55 642.45 645.30 644.50

15-Mar-11 601.75 604.00 606.75 612.40 617.50 621.85 629.00

31-Mar-11 591.20 599.65 609.15 617.45 624.55 630.00

117

SPOT & FUTURES PRICES OF GUAR SEED AT NCDEX

`. PER 10 KG.

FUTURES CLOSING PRICES FOR CONTRACT EXPIRING ON Date SPOT 20-Apr-

10 20-May-

10 18-Jun-

10 20-Jul-

10 20-Aug-

10 20-Sep-

10 20-Oct-

10 19-Nov-

10

31-Mar-10 2302.45 2301.00 2327.00 2352.00 2366.00 2410.00 2426.00

15-Apr-10 2319.50 2300.00 2323.00 2345.00 2366.00 2400.00 2429.00 2459.00

30-Apr-10 2416.15 2436.00 2450.00 2466.00 2492.00 2505.00 2530.00

15-May-10 2321.40 2318.00 2337.00 2351.00 2363.00 2391.00 2359.00 2429.00

31-May-10 2322.70 2280.00 2295.00 2307.00 2359.00 2331.00 2356.00

15-Jun-10 2202.95 2242.00 2264.00 2285.00 2294.00 2304.00 2305.00

30-Jun-10 2302.80 2352.00 2369.00 2384.00 2402.00 2382.00

15-Jul-10 2451.00 2484.00 2517.00 2544.00 2563.00 2597.00

31-Jul-10 2267.70 2298.00 2317.00 2338.00 2383.00

14-Aug-10 2155.55 2176.00 2198.00 2215.00 2225.00

31-Aug-10 1983.10 2021.00 2037.00 2051.00

15-Sep-10 1949.80 1945.00 1965.00 1979.00

30-Sep-10 2012.10 2064.00 1983.00

15-Oct-10 2027.10 2062.00 2098.00

30-Oct-10 2063.75 2122.00

15-Nov-10 2321.40 2380.00

30-Nov-10 2372.90

15-Dec-10 2344.30

31-Dec-10 2321.40

15-Jan-11 2558.25

31-Jan-11 2761.50

15-Feb-11 2700.40

28-Feb-11 2894.60

15-Mar-11 2769.55

31-Mar-11 2833.05

118

SPOT & FUTURES PRICES OF GUAR SEED AT NCDEX

`. PER 10 KG.


Date SPOT 20-Dec-10

20-Jan-11

18-Feb-11

18-Mar-11

20-Apr-11

20-May-11

20-Jun-11 20-Jul-

11

19-Aug-11

20-Sep-11

31-Mar-10 2302.45

15-Apr-10 2319.50

30-Apr-10 2416.15

15-May-10 2321.40

31-May-10 2322.70

15-Jun-10 2202.95 2334.00

30-Jun-10 2302.80 2431.00

15-Jul-10 2451.00 2626.00

31-Jul-10 2267.70 2360.00

14-Aug-10 2155.55 2238.00 2220.00 2261.00

31-Aug-10 1983.10 2056.00 2076.00 2081.00

15-Sep-10 1949.80 2009.00 2022.00 2030.00 2035.00

30-Sep-10 2012.10 1969.00 1991.00 2002.00 2025.00

15-Oct-10 2027.10 2126.00 2155.00 2169.00 2196.00 2246.00

30-Oct-10 2063.75 2155.00 2185.00 2195.00 2215.00 2230.00

15-Nov-10 2321.40 2423.00 2459.00 2500.00 2510.00 2520.00 2550.00

30-Nov-10 2372.90 2415.00 2454.00 2487.00 2520.00 2545.00 2563.00

15-Dec-10 2344.30 2465.00 2518.00 2558.00 2554.00 2540.00 2664.00 2645.00

31-Dec-10 2321.40 2412.00 2453.00 2493.00 2532.00 2575.00 2611.00

15-Jan-11 2558.25 2605.00 2665.00 2716.00 2760.00 2818.00 2797.00 2825.00

31-Jan-11 2761.50 2843.00 2903.00 2951.00 2991.00 3040.00 3095.00

15-Feb-11 2700.40 2733.00 2802.00 2860.00 2895.00 2925.00 2988.00 3022.00

28-Feb-11 2894.60 2953.00 3018.00 3071.00 3109.00 3140.00 3283.00

15-Mar-11 2769.55 2721.00 2761.00 2809.00 2868.00 2910.00 2958.00 3017.00

31-Mar-11 2833.05 2781.00 2817.00 2852.00 2916.00 2905.00 2934.00

119

SPOT & FUTURES PRICES OF CRUDE OIL AT NCDEX

`. PER 10 KG.


Date SPOT 19-Apr-10

19-May-10

21-Jun-10

19-Jul-10

19-Aug-10

20-Sep-10

19-Oct-10

18-Nov-10

31-Mar-10 3748.25 3731.00 3743.00 3825.00

15-Apr-10 3808.50 3807.00 3854.00 3870.00

30-Apr-10 3828.71 3805.00 3909.00 3931.00

15-May-10 3242.53 3264.00 3446.00 3744.00

31-May-10 3456.13 3468.00 3543.00 3459.00

15-Jun-10 3556.84 3537.00 3569.00 3679.00

30-Jun-10 3517.19 3557.00 3570.00 3645.00

15-Jul-10 3565.03 3557.00 3596.00 3647.00

31-Jul-10 3662.49 3652.00 3656.00 3699.00

14-Aug-10 3525.22 3541.00 3607.00 3680.00

31-Aug-10 3412.82 3490.00 3550.00 3650.00

15-Sep-10 3518.72

3513.00 3584.00 3675.00

30-Sep-10 3560.25 3594.00 3637.00

15-Oct-10 3580.86 3595.00 3673.00

30-Oct-10 3608.01 3635.00

15-Nov-10 3844.97 3853.00

30-Nov-10 3914.60

15-Dec-10 4010.73

31-Dec-10 4089.19

15-Jan-11 4154.53

31-Jan-11 4214.07

15-Feb-11 3816.54

28-Feb-11 4437.81

15-Mar-11 4407.54

31-Mar-11 4739.94

120

SPOT & FUTURES PRICES OF CRUDE OIL AT NCDEX

`. PER 10 KG.

FUTURES CLOSING PRICES FOR CONTRACT EXPIRING ON Date SPOT 17-Dec-

10 19-Jan-

11 18-Feb-

11 21-Mar-

11 18-Apr-

11 19-May-

11 20-Jun-

11

31-Mar-10 3748.25

15-Apr-10 3808.50

30-Apr-10 3828.71

15-May-10

3242.53

31-May-10

3456.13

15-Jun-10 3556.84

30-Jun-10 3517.19

15-Jul-10 3565.03

31-Jul-10 3662.49

14-Aug-10 3525.22

31-Aug-10 3412.82

15-Sep-10 3518.72

30-Sep-10 3560.25 3601.00

15-Oct-10 3580.86 3762.00

30-Oct-10 3608.01 3692.00 3735.00

15-Nov-10 3844.97 3904.00 3931.00

30-Nov-10 3914.60 3924.00 3987.00 4019.00

15-Dec-10 4010.73 4019.00 4076.00 4130.00

31-Dec-10 4089.19 4035.00 4105.00 4200.00

15-Jan-11 4154.53 4163.00 4230.00 4283.00

31-Jan-11 4214.07 4230.00 4338.00 4324.00

15-Feb-11 3816.54 3831.00 4018.00 4357.00

28-Feb-11 4437.81 4446.00 4600.00 4607.00

15-Mar-11 4407.54 4464.00 4565.00 4689.00

31-Mar-11 4739.94 4744.00 4753.00 4787.00

121

SPOT & FUTURES PRICES OF CHANA AT NCDEX

`. PER 10 KG.


10 20-May-

10 18-Jun-

10 20-Jul-

10 20-Aug-

10 20-Sep-

10 20-Oct-

10 19-Nov-

10 20-Dec-

10

31-Mar-10 2259.55 2289.00 2377.00 2456.00 2517.00 2562.00

15-Apr-10 2225.00 2185.00 2278.00 2359.00 2418.00 2471.00 2551.00

30-Apr-10 2139.45 2156.00 2251.00 2312.00 2373.00 2431.00

15-May-10 2134.70 2110.00 2179.00 2234.00 2300.00 2348.00 2397.00

31-May-10 2132.65 2205.00 2244.00 2285.00 2330.00 2379.00

15-Jun-10 2062.85 2113.00 2150.00 2193.00 2231.00 2285.00 2304.00

30-Jun-10 2200.00 2256.00 2315.00 2354.00 2423.00 2453.00

15-Jul-10 2183.35 2227.00 2309.00 2360.00 2440.00 2466.00 2499.00

31-Jul-10 2275.00 2299.00 2349.00 2425.00 2472.00 2517.00

14-Aug-10 2256.20 2242.00 2293.00 2367.00 2408.00 2437.00

31-Aug-10 2277.50 2236.00 2279.00 2311.00 2340.00

15-Sep-10 2210.30 2094.00 2175.00 2222.00 2259.00

30-Sep-10 2300.00 2289.00 2321.00 2341.00

15-Oct-10 2315.00 2312.00 2377.00 2416.00

30-Oct-10 2341.30 2402.00 2441.00

15-Nov-10 2372.10 2382.00 2435.00

30-Nov-10 2513.55 2545.00

15-Dec-10 2450.00 2497.00

31-Dec-10 2432.25

15-Jan-11 2544.45

31-Jan-11 2642.20

15-Feb-11 2590.85

28-Feb-11 2526.65

15-Mar-11 2500.00

31-Mar-11 2288.05

122

SPOT & FUTURES PRICES OF CHANA AT NCDEX

`. PER 10 KG.


Date SPOT 20-Jan-11

18-Feb-11

18-Mar-11

20-Apr-11

20-May-11

20-Jun-11

20-Jul-11

19-Aug-11

31-Mar-10 2259.55

15-Apr-10 2225.00

30-Apr-10 2139.45

15-May-10 2134.70

31-May-10 2132.65

15-Jun-10 2062.85

30-Jun-10 2200.00

15-Jul-10 2183.35

31-Jul-10 2275.00

14-Aug-10 2256.20 2465.00

31-Aug-10 2277.50 2361.00

15-Sep-10 2210.30 2289.00 2300.00

30-Sep-10 2300.00 2364.00 2323.00

15-Oct-10 2315.00 2450.00 2411.00 2412.00

30-Oct-10 2341.30 2473.00 2434.00 2402.00

15-Nov-10 2372.10 2486.00 2460.00 2461.00 2471.00

30-Nov-10 2513.55 2603.00 2566.00 2503.00 2505.00

15-Dec-10 2450.00 2548.00 2557.00 2489.00 2498.00 2522.00

31-Dec-10 2432.25 2557.00 2554.00 2489.00 2497.00 2534.00

15-Jan-11 2544.45 2606.00 2639.00 2629.00 2659.00 2697.00 2736.00

31-Jan-11 2642.20 2617.00 2660.00 2716.00 2769.00 2817.00

15-Feb-11 2590.85 2558.00 2637.00 2738.00 2812.00 2870.00 2904.00

28-Feb-11 2526.65 2467.00 2585.00 2657.00 2729.00 2787.00

15-Mar-11 2500.00 2418.00 2507.00 2559.00 2614.00 2668.00 2723.00

31-Mar-11 2288.05 2386.00 2430.00 2473.00 2536.00 2594.00

123

SPOT & FUTURES PRICES OF SOYBEAN AT NCDEX

`. PER 10 KG.


10 20-May-

10 18-Jun-

10 20-Jul-

10 20-Aug-

10 20-Sep-

10 20-Oct-

10 19-Nov-

10 20-Dec-

10

31-Mar-10 2029.00 2038.00 1993.00 1951.00 1917.50 1907.00

15-Apr-10 1975.00 2047.00 1995.00 1947.50 1906.00 1890.00 1888.50

30-Apr-10 1998.00 2041.00 1997.00 1946.50 1936.50 1920.00

15-May-10 1948.00 2004.00 1963.00 1916.00 1888.50 1866.50 1839.50

31-May-10 1988.00 2009.50 1976.50 1965.50 1951.50 1931.50

15-Jun-10 1893.00 1951.50 1911.50 1907.00 1885.00 1879.50 1862.50

30-Jun-10 1890.00 1922.00 1929.00 1921.00 1903.50 1900.50

15-Jul-10 1911.00 1935.50 1974.00 1986.00 1981.50 1981.00 1992.50

31-Jul-10 2040.00 2066.00 2081.50 2056.50 2049.00 2065.00

14-Aug-10 2123.00 2150.00 2167.00 2145.00 2141.50 2159.00

31-Aug-10 2005.00 2031.50 2032.50 2034.00 2046.50

15-Sep-10 1972.00 1974.00 1995.00 2006.50 2038.50

30-Sep-10 1985.00 2018.50 2042.50 2075.00

15-Oct-10 2186.00 2183.50 2230.00 2264.00

30-Oct-10 2155.00 2209.00 2251.00

15-Nov-10 2221.00 2256.50 2317.00

30-Nov-10 2187.00 2231.00

15-Dec-10 2191.00 2194.50

31-Dec-10 2318.00

15-Jan-11 2363.00

31-Jan-11 2437.00

15-Feb-11 2400.00

28-Feb-11 2397.00

15-Mar-11 2274.00

31-Mar-11 2308.00

124

SPOT & FUTURES PRICES OF SOYBEAN AT NCDEX

`. PER 10 KG.


Date SPOT 20-Jan-11

18-Feb-11

18-Mar-11

20-Apr-11

20-May-11

20-Jun-11

20-Jul-11

19-Aug-11

31-Mar-10 2029.00

15-Apr-10 1975.00

30-Apr-10 1998.00

15-May-10

1948.00

31-May-10

1988.00

15-Jun-10 1893.00

30-Jun-10 1890.00

15-Jul-10 1911.00

31-Jul-10 2040.00

14-Aug-10 2123.00 2178.00

31-Aug-10 2005.00 2061.00

15-Sep-10 1972.00 2063.50 2083.50

30-Sep-10 1985.00 2103.00 2118.00

15-Oct-10 2186.00 2292.00 2318.00 2320.00

30-Oct-10 2155.00 2292.00 2330.00 2351.50

15-Nov-10 2221.00 2347.50 2370.50 2404.50 2421.00

30-Nov-10 2187.00 2276.50 2319.00 2344.00 2377.50

15-Dec-10 2191.00 2262.50 2321.00 2350.50 2376.00 2410.00

31-Dec-10 2318.00 2374.50 2441.50 2468.50 2492.00 2513.00

15-Jan-11 2363.00 2378.50 2493.00 2557.00 2596.00 2628.50 2650.00

31-Jan-11 2437.00 2474.50 2518.50 2559.50 2587.50 2612.00

15-Feb-11 2400.00 2425.50 2471.00 2508.50 2535.00 2565.50 2575.00

28-Feb-11 2397.00 2408.00 2443.00 2469.50 2491.50 2526.00

15-Mar-11 2274.00 2278.00 2315.00 2345.50 2362.00 2382.50 2401.00

31-Mar-11 2308.00 2338.50 2379.50 2411.00 2441.00 2461.00

125

SPOT & FUTURES PRICES OF R/M SEED AT NCDEX

`. PER 100 KG


10 20-May-

10 18-Jun-

10 20-Jul-

10 20-Aug-

10 20-Sep-

10 20-Oct-

10 19-Nov-

10 20-Dec-

10 20-Jan-

11

31-Mar-10 2524.75 2526.75 2522.00 2548.75 2566.25

15-Apr-10 2516.50 2510.75 2538.00 2570.75 2598.00 2627.75

30-Apr-10 2457.00 2511.25 2542.75 2577.00 2606.50

15-May-10 2464.50 2487.50 2514.50 2543.50 2566.75 2600.75

31-May-10 2591.50 2640.75 2673.75 2706.25 2724.50

15-Jun-10 2570.00 2599.75 2634.25 2663.25 2695.00 2720.00

30-Jun-10 2594.25 2620.50 2651.50 2677.25 2703.00

15-Jul-10 2611.25 2628.00 2663.75 2696.50 2726.25 2757.50

31-Jul-10 2743.50 2794.75 2831.25 2858.75 2885.75

14-Aug-10 2836.75 2837.25 2874.50 2898.00 2915.75 2928.50

31-Aug-10 2685.50 2671.75 2700.25 2726.75 2752.75

15-Sep-10 2678.25 2618.00 2670.75 2709.00 2740.50 2769.25

30-Sep-10 2724.50 2725.25 2760.25 2784.75 2806.50

15-Oct-10 2757.00 2734.25 2776.00 2807.00 2833.50

30-Oct-10 2771.50 2807.50 2841.00 2865.75

15-Nov-10 2865.50 2855.50 2911.50 2948.00

30-Nov-10 2874.00 2828.25 2866.25

15-Dec-10 2843.25 2791.75 2852.50

31-Dec-10 2901.75 2846.50

15-Jan-11 2833.25 2743.75

20-Jan-11 2890.25 2770.00

126

SPOT & FUTURES PRICES OF R/M SEED AT NCDEX

`. PER 100 KG


20-Apr-11 20-May-11 20-Jun-11 20-Jul-11

10-Nov-10 2878.75 2738.00 2774.00

15-Nov-10 2865.50 2766.00 2801.00

30-Nov-10 2874.00 2765.00 2790.00

15-Dec-10 2843.25 2879.00 2913.00 2933.00

31-Dec-10 2901.75 2935.00 2972.00 3002.00

15-Jan-11 2833.25 2861.00 2896.00 2930.00 2960.00

31-Jan-11 2851.50 2949.00 2993.00 3031.00 3059.00

15-Feb-11 2865.60 3015.00 3060.00 3097.00 3159.00

28-Feb-11 2852.15 2874.00 2914.00 2959.00 3007.00

15-Mar-11 2674.65 2702.00 2739.00 2782.00 2819.00

31-Mar-11 2568.50 2686.00 2739.00 2783.00 2825.00

127

SPOT & FUTURES PRICES OF PEPPER AT NCDEX

`. PER 100 KG


10 20-May-

10 18-Jun-

10 20-Jul-10

20-Aug-10

20-Sep-10

20-Oct-10

19-Nov-10

20-Dec-10

20-Jan-11

31-Mar-10 14800.45 15022.00 15302.00 15505.00 15730.00 15880.00 16250.00

15-Apr-10 15225.95 15071.00 15415.00 15677.00 15903.00 16150.00 16299.00 16599.00

30-Apr-10 16125.15 16706.00 17010.00 17253.00 17237.00 17369.00 17619.00

15-May-10 16364.70 16496.00 16924.00 17184.00 17417.00 17750.00 17919.00 17935.00

31-May-10 16397.05 16505.00 16765.00 16976.00 17260.00 17321.00 17450.00

15-Jun-10 15955.55 15909.00 16168.00 16409.00 16638.00 16845.00 17000.00 17260.00

30-Jun-10 17723.70 17899.00 18079.00 18274.00 18478.00 18492.00 18662.00

15-Jul-10 19538.90 19463.00 19728.00 19986.00 20205.00 20582.00 20624.00

31-Jul-10 20288.85 19694.00 19922.00 20134.00 20346.00 20565.00

14-Aug-10 19135.30 18964.00 19173.00 19398.00 19660.00 19799.00 19970.00

31-Aug-10 20169.35 19896.00 20096.00 20317.00 20650.00 20630.00

15-Sep-10 19839.35 19834.00 20084.00 20304.00 20465.00 20636.00

30-Sep-10 19217.85 18881.00 19069.00 19272.00 19540.00

15-Oct-10 18720.00 18430.00 18726.00 18988.00 19245.00

30-Oct-10 20734.35 21118.00 21348.00 21451.00

15-Nov-10 21242.85 21136.00 21635.00 21892.00

30-Nov-10 21800.00 21828.00 22058.00

15-Dec-10 21558.80 21567.00 21923.00

31-Dec-10 22042.85 22497.00

15-Jan-11 22262.50 22561.00

31-Jan-11 22112.50

15-Feb-11 23847.05

28-Feb-11 22667.30

15-Mar-11 22275.00

31-Mar-11 24142.85

128

SPOT & FUTURES PRICES OF PEPPER AT NCDEX

`. PER 100 KG

FUTURES CLOSING PRICES FOR CONTRACT EXPIRING ON Date SPOT 18-Feb-

11 18-Mar-

11 20-Apr-

11 20-May-

11 20-Jun-

11 20-Jul-11

19-Aug-11

20-Sep-11

31-Mar-10 14800.45

15-Apr-10 15225.95

30-Apr-10 16125.15

15-May-10 16364.70

31-May-10 16397.05

15-Jun-10 15955.55

30-Jun-10 17723.70

15-Jul-10 19538.90

31-Jul-10 20288.85

14-Aug-10 19135.30 20176.00

31-Aug-10 20169.35 21055.00

15-Sep-10 19839.35 20839.00 20950.00

30-Sep-10 19217.85 19526.00 19775.00

15-Oct-10 18720.00 19500.00 19500.00 19713.00

30-Oct-10 20734.35 21650.00 21814.00 21941.00

15-Nov-10 21242.85 21987.00 22204.00 22500.00 22700.00

30-Nov-10 21800.00 22283.00 22720.00 22857.00 22800.00

15-Dec-10 21558.80 22152.00 22469.00 22638.00 22751.00 23279.00

31-Dec-10 22042.85 22782.00 23042.00 23285.00 23548.00 23700.00

15-Jan-11 22262.50 22991.00 23307.00 23619.00 23911.00 24239.00 24009.00

31-Jan-11 22112.50 22400.00 22775.00 23003.00 23384.00 24190.00 23897.00

15-Feb-11 23847.05 25390.00 24278.00 24311.00 24417.00 24688.00 25200.00 25399.00

28-Feb-11 22667.30 22534.00 22759.00 22980.00 23255.00 23650.00 23975.00

15-Mar-11 22275.00 21906.00 22381.00 22688.00 23094.00 23366.00 23650.00 23828.00

31-Mar-11 24142.85 24594.00 24981.00 25281.00 25593.00 25700.00 26409.00

129

SPOT & FUTURE PRICES OF RUBBER AT NMCE.,AHMEDABAD.

Price -` In 100 Kg

Future closing prices for contract expiring on

Date Spot Apr-10 May-10 Jun-10 Jul-10 Aug-10 Sep-10 Oct-10 Nov-10 Dec-10 Jan-11 Feb-11 Mar-11 Apr-11 May-11 Jun-11 Jul-11

31-Mar-10 15631 15704 16039 16064 15951

1-Apr-10 15725 15876 16237 16318 16118

15-Apr-10 16328 16328 17037 17371 17369

30-Apr-10 16200 15766 16015 15857 15641

15-May-10 15405 15405 15276 15265 14986

31-May-10 16967 16626 16549 15852 15559

15-Jun-10 17089 17089 16730 16217 15732

30-Jun-10 17950 18458 17664 16911 16447

15-Jul-10 18531 18531 17981 17073 16540

31-Jul-10 18500 18533 17030 16125 16095

14-Aug-10 18411 18411 17443 16654 16327

31-Aug-10 16600 16643 16324 16256 16353

15-Sep-10 16856 16856 16750 16724 16804

30-Sep-10 16867 17179 17376 17642 17896

15-Oct-10 18005 18005 18723 19045 19318

30-Oct-10 19033 19445 19739 19964 20183

15-Nov-10 20027 20027 20018 20218 20538

30-Nov-10 19700 19375 19671 19968 20285

15-Dec-10 19933 19933 20514 20835 21143

31-Dec-10 20633 21047 21560 21998 22684

15-Jan-11 22100 22100 22991 23560 24414

31-Jan-11 22350 21769 22235 23144 23925

15-Feb-11 23761 23761 24055 24949 25429

28-Feb-11 21967 22359 23265 23717 23943 23942

15-Mar-11 19105 19105 20570 21072 21658 21802

31-Mar-11 23100 23544 24238 24780 24850

130

SPOT & FUTURE PRICES OF SACKING AT NMCE.,AHMEDABAD.

Price - ` In 100 Bags



31-Mar-10 2972.60 3022.00 3083.00 3144.00 3200.00

1-Apr-10 2979.20 3037.00 3096.00 3157.00 3210.00

15-Apr-10 3137.00 3137.00 3186.00 3247.00 3310.00

30-Apr-10 3145.50 3182.00 3240.00 3302.70 3364.70

15-May-10 3148.00 3148.00 3249.00 3322.00 3383.00

31-May-10 3192.00 3217.00 3279.00 3340.00 3400.00

15-Jun-10 3165.00 3165.00 3219.00 3280.00 3342.00

30-Jun-10 3032.40 3077.00 3122.00 3172.00 3240.00

15-Jul-10 3055.00 3055.00 3123.00 3185.00 3246.00

31-Jul-10 3005.80 3050.00 3112.00 3175.00 3240.00

14-Aug-10 3148.00 3148.00 3225.00 3292.00 3350.00

31-Aug-10 3238.60 3264.00 3325.00 3386.00 3450.00

15-Sep-10 3205.00 3205.00 3270.00 3315.00 3385.00

30-Sep-10 3291.80 3303.00 3340.00 3370.00 3360.00

15-Oct-10 3307.00 3307.00 3340.00 3375.00 3384.00

30-Oct-10 3271.80 3290.00 3325.00 3365.00 3361.00

15-Nov-10 3364.00 3364.00 3425.00 3460.00 3468.00

30-Nov-10 3475.00 3492.00 3527.00 3565.00 3560.00

15-Dec-10 3543.00 3543.00 3564.00 3599.00 3594.00

31-Dec-10 3561.10 3579.00 3615.00 3649.00 3680.00

15-Jan-11 3610.00 3610.00 3652.00 3685.00 3714.00

31-Jan-11 3667.50 3685.00 3721.00 3758.00 3754.00

15-Feb-11 3715.00 3715.00 3765.00 3808.00 3842.00

28-Feb-11 3640.90 3653.00 3689.00 3735.00 3743.00

15-Mar-11 3525.00 3525.00 3556.00 3591.00 3626.00

31-Mar-11 3383.33 3353.30 3386.00 3419.00 3441.00

131

SPOT & FUTURE PRICES OF COPPER AT NMCE,AHMEDABAD.

Price -` In 1 Kg


Date Spot Apr-10 Jun-10 Aug-10 Nov-10 Feb-11 Apr-11 Jun-11 Aug-11

31-Mar-10 353.05 350.80 352.00 354.00

1-Apr-10 353.65 353.50 355.00 357.00

15-Apr-10 355.15 351.75 353.85 355.00

30-Apr-10 329.50 329.50 330.00 331.85

15-May-10 311.60 312.90 315.40 318.00

31-May-10 318.55 319.20 321.55 323.50

15-Jun-10 307.20 307.40 311.30 313.00

30-Jun-10 309.70 309.70 305.55 308.80

15-Jul-10 309.30 312.30 315.35

31-Jul-10 339.20 338.60 340.85

14-Aug-10 333.95 335.35 338.35

31-Aug-10 349.10 349.10 352.90

15-Sep-10 354.60 354.20 356.30 359.20

30-Sep-10 360.50 362.40 364.10 365.40

15-Oct-10 371.65 373.70 375.70 377.50

30-Oct-10 366.60 369.85 373.50 374.50

15-Nov-10 387.80 390.75 394.40 394.95

30-Nov-10 382.00 382.00 390.15 392.50

15-Dec-10 412.50 417.85 419.80 421.25

31-Dec-10 436.40 439.25 441.90 444.30

15-Jan-11 440.60 441.95 440.00 442.00

31-Jan-11 446.40 450.45 452.95 454.95

15-Feb-11 459.30 463.00 464.00 470.25

28-Feb-11 443.10 434.00 451.20 453.90

15-Mar-11 406.30 420.85 422.80 426.10

31-Mar-11 419.70 424.90 430.60 435.00

132

SPOT & FUTURE PRICES OF LEAD AT NMCE.,AHMEDABAD.

Price -` In 1 Kg


Date Spot Mar-10 Apr-10 May-10 Jun-10 Jul-10 Aug-10 Sep-10 Oct-10 Nov-10 Dec-10 Jan-11 Feb-11 Mar-11 Apr-11 May-11

31-Mar-10 96.30 96.30 96.65 97.70

1-Apr-10 98.50 98.55 99.50 99.95

15-Apr-10 101.60 103.05 104.20 105.00

30-Apr-10 98.40 98.40 99.35 100.30

15-May-10 88.05 86.35 87.45 89.15

31-May-10 84.80 84.80 85.45 86.60

15-Jun-10 78.60 80.70 81.70 82.60

30-Jun-10 82.80 82.80 81.30 82.25

15-Jul-10 84.15 83.85 85.00 86.00

31-Jul-10 95.00 93.25 95.50 96.40

14-Aug-10 96.20 96.20 97.15 98.00

31-Aug-10 94.40 94.40 96.95 98.25

15-Sep-10 101.85 101.30 102.25 103.10

30-Sep-10 101.50 101.50 102.10 103.10

15-Oct-10 104.60 105.70 106.60 107.10

30-Oct-10 109.70 109.70 109.80 110.85

15-Nov-10 109.15 110.40 111.30 112.00

30-Nov-10 103.00 103.00 103.20 104.10

15-Dec-10 108.40 109.00 110.00 110.50

31-Dec-10 114.90 114.90 115.20 115.90

15-Jan-11 120.10 122.65 122.55 122.80

31-Jan-11 116.30 116.30 115.15 115.50

15-Feb-11 120.60 119.00 119.20 119.50

28-Feb-11 114.20 115.25 115.50 116.50

15-Mar-11 112.70 113.70 114.60 114.40

31-Mar-11 120.40 120.40 121.70 121.60

133

SPOT & FUTURE PRICES OF ALUMINIUM AT NMCE,AHMEDABAD.

Price - ` In 1 Kg


Date Spot Mar-10 Apr-10 May-10 Jun-10 Jul-10 Aug-10 Sep-10 Oct-10 Nov-10 Dec-10 Jan-11 Feb-11 Mar-11 Apr-11 May-11 Jun-11

31-Mar-10 101.80 101.80 103.75 104.60 105.30

1-Apr-10 105.15 104.70 105.50 106.00 106.60

15-Apr-10 107.55 108.75 109.40 110.00 110.50

30-Apr-10 96.40 96.40 99.00 100.30 101.00

15-May-10 93.85 93.60 94.50 95.05 95.50

31-May-10 94.80 94.85 94.45 95.25 96.25

15-Jun-10 91.80 92.50 93.30 94.00 95.00

30-Jun-10 91.40 91.40 91.75 92.80 93.20

15-Jul-10 93.05 93.80 94.75 95.60 96.40

31-Jul-10 98.20 98.80 99.65 100.70 101.50

14-Aug-10 99.80 98.40 99.40 100.30 101.30

31-Aug-10 94.40 94.40 96.90 98.00 98.70

15-Sep-10 98.20 98.80 100.00 100.50 101.60

30-Sep-10 102.30 102.30 104.80 105.75 106.50

15-Oct-10 104.25 104.75 105.90 105.80 105.70

30-Oct-10 102.60 102.60 105.50 106.65 107.00

15-Nov-10 106.10 106.95 108.25 108.05 108.45

30-Nov-10 103.00 103.00 104.90 106.05 107.00

15-Dec-10 104.50 105.35 106.55 107.30 107.90

31-Dec-10 110.10 110.10 111.10 111.95 112.20

15-Jan-11 111.10 110.60 113.35 114.80 115.30

31-Jan-11 112.80 112.80 114.35 115.00 115.20

15-Feb-11 112.80 112.90 114.90 115.30 115.90

28-Feb-11 114.40 114.90 116.80 117.50 118.00

15-Mar-11 112.00 113.30 114.20 114.70 115.30

31-Mar-11 115.90 115.90 117.50 118.35 119.00

134

SPOT & FUTURE PRICES OF ISABGULSEED AT NMCE.,AHMEDABAD.

Price -` In 100 Kg


Date Spot Apr-10 Jun-10 Aug-10 Oct-10 Dec-10 Feb-11 Apr-11 Jun-11 Aug-11

31-Mar-10 4588.00 4601.00 4650.00 4700.00

1-Apr-10 4588.00 4614.00 4666.00 4710.00

15-Apr-10 4211.00 4211.00 4284.00 4340.00

30-Apr-10 4275.00 4321.00 4380.00 4435.00

15-May-10 4381.00 4345.00 4406.00 4471.00

31-May-10 4688.00 4717.00 4779.00 4840.00

15-Jun-10 4569.00 4569.00 4634.00 4695.00

30-Jun-10 4531.00 4596.00 4671.00 4766.00

15-Jul-10 4575.00 4648.00 4735.00 4820.00

31-Jul-10 4762.00 4829.00 4920.00 5006.00

14-Aug-10 4752.00 4752.00 4862.00 4950.00

31-Aug-10 4731.00 4779.00 4874.00 4971.00

15-Sep-10 4625.00 4784.00 4874.00 4790.00

30-Sep-10 4638.00 4671.00 4752.00 4845.00

15-Oct-10 4658.00 4658.00 4745.00 4835.00

30-Oct-10 4619.00 4675.00 4766.00 4851.00

15-Nov-10 4600.00 4652.00 4735.00 4865.00

30-Nov-10 4644.00 4667.00 4752.00 4840.00

15-Dec-10 4656.00 4656.00 4745.00 4835.00

31-Dec-10 4644.00 4715.00 4800.00 4890.00

15-Jan-11 4756.00 4757.00 4845.00 4935.00

31-Jan-11 4950.00 4974.00 5073.00 5168.00

15-Feb-11 5417.00 5150.00 5363.00 5643.00

28-Feb-11 5925.00 6014.00 6140.00 6260.00

15-Mar-11 5613.00 5670.00 5782.00 5894.00

31-Mar-11 5594.00 5619.00 5731.00 5843.00

135

SPOT & FUTURE PRICES OF SOY OIL AT NMCE.,AHMEDABAD.

Price ` - In 10 Kg



31-Mar-10 451.00 450.00 449.50 451.00 452.00

1-Apr-10 447.00 448.00 447.85 448.50 450.00

15-Apr-10 445.00 449.15 450.40 451.00 451.90 453.00

30-Apr-10 447.50 451.25 453.00 454.00 455.00

15-May-10 445.00 442.50 443.65 444.70 446.00 448.00

31-May-10 450.00 451.00 452.00 453.50 455.00

15-Jun-10 438.00 440.00 442.90 444.05 445.00 446.00

30-Jun-10 440.50 444.80 447.95 449.50 454.00

15-Jul-10 454.50 457.90 465.00 468.60 471.00 473.65

31-Jul-10 484.00 490.80 494.00 495.00 496.30

14-Aug-10 514.00 517.20 519.00 518.00 517.00 518.00

31-Aug-10 486.00 485.70 484.40 484.00 483.00

15-Sep-10 471.00 471.50 478.10 472.50 481.20 484.30

30-Sep-10 481.50 488.95 495.45 495.00 493.50

15-Oct-10 517.00 520.50 523.45 512.00 513.00 514.00

30-Oct-10 520.50 531.20 542.20 547.20 549.20

15-Nov-10 561.00 565.40 578.45 575.50 578.50 574.00

30-Nov-10 561.50 568.80 581.70 583.00 580.90

15-Dec-10 578.00 582.00 601.05 595.50 597.50 605.00

31-Dec-10 625.00 632.00 643.00 643.75 650.00

15-Jan-11 631.00 632.25 643.80 644.00 651.00 653.00

31-Jan-11 641.50 659.00 670.30 677.30 679.00

15-Feb-11 630.00 639.00 655.00 654.00 661.00 655.00

28-Feb-11 632.00 626.00 634.00 640.00 643.00

15-Mar-11 601.00 603.00 607.50 613.00 617.50 621.90

31-Mar-11 590.50 599.50 608.00 617.00 624.00

136

SPOT & FUTURE PRICES OF NIKEL AT NMCE.,AHMEDABAD.

Price ` - In 1 Kg


Date Spot Mar-10 Apr-10 May-10 Jun-10 Jul-10 Aug-10 Sep-10 Oct-10 Nov-10 Dec-10 Jan-11 Feb-11 Mar-11 Apr-11 May-11 Jun-11

31-Mar-10 1097.40 1097.40 1116.30 1117.00 1118.00

1-Apr-10 1149.80 1126.10 1127.20 1130.00 1133.00

15-Apr-10 1184.40 1197.50 1200.40 1205.00 1208.00

30-Apr-10 1142.10 1142.10 1163.20 1163.70 1165.00

15-May-10 1000.10 972.00 977.00 982.00 986.00

31-May-10 1003.10 1003.40 985.20 989.30 993.00

15-Jun-10 939.40 940.70 947.00 951.30 955.90

30-Jun-10 923.70 923.70 919.90 925.00 926.00

15-Jul-10 902.70 906.80 913.20 919.00 924.00

31-Jul-10 953.50 953.50 977.40 985.90 991.00

14-Aug-10 1000.20 1000.50 1008.20 1015.00 1022.00

31-Aug-10 967.00 967.00 981.50 989.30 995.00

15-Sep-10 1074.70 1075.30 1081.20 1087.00 1089.00

30-Sep-10 1040.90 1040.90 1056.90 1063.40 1064.10

15-Oct-10 1067.20 1062.80 1071.40 1075.60 1079.00

30-Oct-10 1011.70 1011.70 1036.00 1048.00 1050.00

15-Nov-10 1016.20 1021.30 1030.60 1030.30 1034.30

30-Nov-10 1042.00 1042.00 1067.00 1076.20 1083.00

15-Dec-10 1100.40 1099.50 1108.70 1120.00 1118.00

31-Dec-10 1098.50 1098.50 1117.70 1127.20 1132.40

15-Jan-11 1153.50 1175.00 1180.00 1187.00 1192.00

31-Jan-11 1232.20 1232.20 1250.90 1255.70 1250.20

15-Feb-11 1313.50 1308.00 1313.50 1318.00 1324.00

28-Feb-11 1273.00 1273.00 1301.10 1316.00 1320.00

15-Mar-11 1136.30 1152.60 1167.30 1165.00 1168.00

31-Mar-11 1170.20 1170.20 1178.00 1186.00 1188.00

137

SPOT & FUTURE PRICES OF ZINC AT NMCE.,AHMEDABAD.

Price -` In 1 Kg


Date Spot Mar-10 Apr-10 May-10 Jun-10 Jul-10 Aug-10 Sep-10 Oct-10 Nov-10 Dec-10 Jan-11 Feb-11 Mar-11 Apr-11 May-11

31-Mar-10 104.60 104.60 105.75 106.35

1-Apr-10 106.95 106.85 107.35 108.00

15-Apr-10 106.20 109.55 110.25 111.00

30-Apr-10 101.90 101.90 102.35 103.00

15-May-10 92.50 91.20 92.05 93.00

31-May-10 88.20 88.25 89.25 90.20

15-Jun-10 82.80 84.15 85.15 86.00

30-Jun-10 83.70 83.70 83.15 84.35

15-Jul-10 85.20 84.20 85.45 86.30

31-Jul-10 91.80 91.80 92.90 94.00

14-Aug-10 94.65 95.25 96.35 97.20

31-Aug-10 94.90 94.90 97.45 98.45

15-Sep-10 98.25 98.70 99.80 99.40

30-Sep-10 98.00 98.00 98.90 100.00

15-Oct-10 104.80 105.75 106.70 105.60

30-Oct-10 107.70 107.70 108.75 109.65

15-Nov-10 104.05 104.90 106.25 108.25

30-Nov-10 97.00 97.00 98.50 99.70

15-Dec-10 102.40 102.95 104.10 106.10

31-Dec-10 108.10 108.70 109.75 110.80

15-Jan-11 110.10 111.90 113.00 114.40

31-Jan-11 105.20 105.20 109.80 110.95

15-Feb-11 113.40 111.50 114.10 114.80

28-Feb-11 112.00 112.00 113.90 114.60

15-Mar-11 101.20 104.50 104.20 105.50

31-Mar-11 103.80 103.80 105.50 106.70

138

SPOT & FUTURE PRICES OF RAPE/MUSTARD SEED AT NMCE.,AHMEDABAD.

Price - ` In 20 Kg



31-Mar-10 460.00 462.00 463.00 468.00 470.00

1-Apr-10 461.00 465.00 465.00 469.00 473.00

15-Apr-10 453.00 453.00 465.00 471.00 477.00

30-Apr-10 441.00 450.00 457.00 463.00 470.00

15-May-10 446.00 450.00 457.00 462.00 468.00

31-May-10 450.00 462.00 468.00 474.00 480.00

15-Jun-10 447.00 447.00 462.00 468.00 473.00

30-Jun-10 448.00 452.00 457.00 464.00 473.00

15-Jul-10 459.00 459.00 467.00 473.00 479.00

31-Jul-10 475.00 485.00 492.00 498.00 504.00

14-Aug-10 478.00 478.00 483.00 489.00 494.00

31-Aug-10 456.00 456.00 462.00 468.00 474.00

15-Sep-10 463.00 463.00 467.00 472.00 476.90

30-Sep-10 450.00 451.00 455.00 461.20 464.00

15-Oct-10 458.00 458.00 459.00 463.00 466.00

30-Oct-10 465.00 467.00 472.00 477.00 481.00

15-Nov-10 483.00 483.00 489.00 498.00 502.00

30-Nov-10 491.00 486.00 491.00 496.00 497.00

15-Dec-10 499.00 499.00 503.00 505.00 510.00

31-Dec-10 505.00 494.00 500.00 504.00 507.00

15-Jan-11 493.00 493.00 472.80 479.00 482.00

31-Jan-11 512.00 489.00 491.00 494.00 492.00

15-Feb-11 537.00 537.00 512.00 514.00 515.00

28-Feb-11 513.00 514.00 506.00 511.00 516.00

15-Mar-11 484.00 512.00 493.00 492.00 496.00

31-Mar-11 481.00 489.00 490.00 494.00 498.00

139

SPOT & FUTURES PRICES OF GOLD AT ICEX

`. PER 10 GRAMS


1-Apr-10 1-Jun-10 2-Aug-10 1-Oct-10 1-Dec-10 1-Feb-11 1-Apr-11 1-Jun-11 1-Aug-11

31-Mar-10 16301.78 16294.00 16430.00 16538.00

15-Apr-10 16750.53 16840.00 16918.00 17010.00

30-Apr-10 17021.40 17126.00 17207.00 17290.00

15-May-10 18177.87 18152.00 18247.00 18342.00

31-May-10 18373.08 18390.00 18400.00 18464.00

15-Jun-10 18569.77 18676.00 18746.00 18778.00

30-Jun-10 18796.73 18859.00 18907.00 19000.00

15-Jul-10 18426.84 18410.00 18486.00 18563.00

31-Jul-10 17820.84 17769.00 17936.00 18023.00

14-Aug-10 18513.00 18567.00 18660.00 18725.00

31-Aug-10 18926.91 19143.00 19209.00 19337.00

15-Sep-10 19175.88 19140.00 19280.00 19323.00

30-Sep-10 19157.38 19200.00 19238.00 19343.00

15-Oct-10 19805.80 19825.00 20004.00 20146.00

30-Oct-10 19677.92 19796.00 19999.00 20151.00

15-Nov-10 20106.18 20214.00 20414.00 20599.00

30-Nov-10 20499.68 20461.00 20771.00 20967.00

15-Dec-10 20530.26 20644.00 20960.00 20967.00

31-Dec-10 20586.33 20727.00 20919.00 21071.00

15-Jan-11 20312.11 20265.00 20485.00 20671.00

31-Jan-11 19899.38 19986.00 20152.00 20320.00

15-Feb-11 20330.42 20491.00 20505.00 20923.00

28-Feb-11 20790.00 20921.00 21400.00 21550.00

15-Mar-11 20767.10 20614.00 21000.00 21244.00

31-Mar-11 20742.56 20730.00 21054.00 21373.00

140

SPOT & FUTURES PRICES OF SILVER AT ICEX

`. PER KG


3-May-10 1-Jul-10 1-Sep-10 1-Dec-10 1-Mar-11 2-May-11 1-Jul-11 1-Sep-11

31-Mar-10 26837.55 26956.00 27140.00 27342.00

15-Apr-10 27781.65 27870.00 28039.00 28243.00

30-Apr-10 28203.84 28301.00 28334.00 28416.00

15-May-10 29650.62 29652.00 29756.00 29813.00

31-May-10 29200.00 29299.00 29383.00 29482.00

15-Jun-10 29189.36 29396.00 29442.00 29548.00

30-Jun-10 29600.00 29601.00 29621.00 29703.00

15-Jul-10 29160.29 29171.00 29270.00 29354.00

31-Jul-10 28630.56 28628.00 28749.00 28860.00

14-Aug-10 29053.67 29029.00 29192.00 29268.00

31-Aug-10 30173.58 30279.00 30908.00 30953.00

15-Sep-10 32032.10 32138.00 32219.00 32280.00

30-Sep-10 33165.00 32984.00 33027.00 33183.00

15-Oct-10 36382.72 36112.00 36227.00 36341.00

30-Oct-10 37033.74 37055.00 37376.00 37516.00

15-Nov-10 39467.38 39564.00 39868.00 40142.00

30-Nov-10 41746.83 43281.00 43087.00 43319.00

15-Dec-10 44251.78 44479.00 44629.00 44747.00

31-Dec-10 46122.80 46221.00 46146.00 46591.00

15-Jan-11 44562.33 43847.00 44154.00 44304.00

31-Jan-11 42934.31 43542.00 43933.00 44030.00

15-Feb-11 46131.91 46442.00 47106.00 47316.00

28-Feb-11 49555.78 50042.00 51041.00 51550.00

15-Mar-11 52484.75 52191.00 52848.00 53479.00

31-Mar-11 55836.50 55941.00 56500.00 57260.00

141

SPOT & FUTURES PRICES OF CRUDE OIL AT ICEX

`. PER Barrel


10 19-

May-10 21-Jun-

10 19-Jul-

10 19-Aug-

10 20-Sep-

10 20-Oct-

10 18-Nov-

10 17-Dec-

10 19-Jan-

11 21-Feb-

11 21-Mar-

11 18-Apr-

11 19-

May-11 20-Jun-11

31-Mar-10 3750.23 3752.00 3750.00 3747.00

15-Apr-10 3793.16 3797.00 3851.00 3905.00

30-Apr-10 3797.40 3814.00 3810.00 3966.00

15-May-10

3249.46 3264.00 3443.00 3558.00

31-May-10

3459.13 3465.00 3524.00 3575.00

15-Jun-10 3544.00 3555.00 3614.00 3661.00

30-Jun-10 3565.83 3527.00 3605.00 3605.00

15-Jul-10 3605.52 3562.00 3600.00 3620.00

31-Jul-10 3699.88 3654.00 3684.00 3714.00

14-Aug-10 3520.05 3540.00 3579.00 3622.00

31-Aug-10 3466.50 3449.00 3527.00 3611.00

15-Sep-10 3511.14 3516.00 3583.00 3657.00

30-Sep-10 3498.37 3594.00 3649.00 3701.00

15-Oct-10 3628.95 3595.00 3701.00 3705.00

30-Oct-10 3627.78 3622.00 3688.00

15-Nov-10 3855.41 3858.00 3905.00 3948.00

30-Nov-10 3936.88 3923.00 3969.00 4006.00

15-Dec-10 3955.08 4018.00 4075.00 4125.00

31-Dec-10 4014.53 4092.00 4147.00 4199.00

15-Jan-11 4152.65 4163.00 4231.00 4295.00

31-Jan-11 4105.63 4231.00 4259.00 4433.00

15-Feb-11 3869.16 3826.00 4008.00 4177.00

28-Feb-11 4425.83 4448.00 4515.00 4589.00

15-Mar-11 4422.88 4450.00 4505.00 4589.00

31-Mar-11 4702.98 4746.00 4792.00 4802.00

142

SPOT & FUTURES PRICES OF COPPER AT ICEX

`. PER KG


30-Apr-10 30-Jun-10 31-Aug-10 30-Nov-10 28-Feb-11 29-Apr-11 30-Jun-11 31-Aug-11

31-Mar-10 353.33 351.35 352.55 354.05

15-Apr-10 352.82 352.15 354.00 355.85

30-Apr-10 328.02 327.00 331.30 333.75

15-May-10 309.22 312.85 315.25 317.50

31-May-10 317.86 319.30 321.70 323.00

15-Jun-10 308.04 308.65 312.00 314.75

30-Jun-10 302.40 301.65 305.95 308.80

15-Jul-10 308.98 311.45 315.85 317.00

31-Jul-10 338.37 338.05 340.60 342.00

14-Aug-10 334.16 334.85 338.00 340.45

31-Aug-10 347.76 348.85 349.10 351.20

15-Sep-10 351.82 354.55 356.50 358.10

30-Sep-10 359.98 361.85 363.95 365.00

15-Oct-10 369.74 374.80 376.50 378.05

30-Oct-10 367.74 368.20 373.10 375.00

15-Nov-10 386.97 392.30 396.00 398.00

30-Nov-10 383.52 388.10 389.00 390.90

15-Dec-10 415.29 415.90 418.15 420.05

31-Dec-10 430.37 439.40 442.40 444.55

15-Jan-11 441.87 446.55 449.10 450.45

31-Jan-11 444.72 452.00 451.50 456.20

15-Feb-11 460.22 455.20 464.30 462.30

28-Feb-11 442.15 445.85 451.10 454.15

15-Mar-11 406.70 417.75 425.00 424.30

31-Mar-11 421.21 425.10 431.15 435.75

143

SPOT & FUTURES PRICES OF REF.SOY OIL AT ACE AHMEDABAD

`. PER 10 KG


20-Dec-10 20-Jan-11 18-Feb-11 18-Mar-11 20-Apr-11 20-May-11 20-Jun-11 20-Jul-11

27-Oct-10 524.00 543.70 549.80

30-Oct-10 522.00 542.15 549.05

15-Nov-10 562.00 578.80 587.05 595.30

30-Nov-10 560.40 568.75 581.55 588.70

15-Dec-10 578.25 578.60 600.80 613.00 625.20

31-Dec-10 625.05 632.45 643.20 649.10

15-Jan-11 631.45 633.15 644.50 652.60 659.05

31-Jan-11 641.90 658.50 670.35 674.05

15-Feb-11 630.00 633.55 655.50 666.60 674.25

28-Feb-11 630.20 628.65 636.55 642.45 647.55

15-Mar-11 601.25 602.85 606.05 612.00 618.60 623.65

31-Mar-11 591.45 599.80 609.25 617.45 625.00

144

SPOT & FUTURES PRICES OF SOY BEAN AT ACE AHMEDABAD

`. PER KG



27-Oct-10 2164.30 2254.50 2294.50

30-Oct-10 2160.50 2251.00 2294.00

15-Nov-10 2227.50 2317.00 2348.50 2378.50

30-Nov-10 2198.00 2231.00 2280.50 2319.00

15-Dec-10 2194.00 2216.00 2261.50 2328.00 2359.50

31-Dec-10 2331.50 2374.00 2441.50 2468.50

15-Jan-11 2368.50 2377.00 2492.00 2554.00 2578.00

31-Jan-11 2437.50 2475.00 2517.50 2560.50

15-Feb-11 2412.00 2425.00 2469.50 2508.00 2535.00

28-Feb-11 2393.00 2408.00 2443.50 2469.50 2491.50

15-Mar-11 2278.50 2278.00 2313.50 2344.50 2365.00 2382.50

31-Mar-11 2297.50 2337.50 2379.00 2412.00 2441.00

145

SPOT & FUTURES PRICES OF R/M SEED AT ACE AHMEDABAD

`. PER 100 KG


20-Dec-10 20-Jan-11 20-Apr-11 20-May-11 20-Jun-11 20-Jul-11

27-Oct-10 2770.00 2864.00 2887.50

30-Oct-10 2750.00 2841.25 2867.75

15-Nov-10 2827.50 2912.50 2954.25 2750.00

30-Nov-10 2854.75 2827.75 2866.00 2765.00

15-Dec-10 2839.00 2825.00 2852.00 2879.00 2913.00

31-Dec-10 2901.00 2849.00 2932.25 2984.50

15-Jan-11 2817.50 2820.50 2859.00 2895.00 2930.00

31-Jan-11 2839.00 2950.25 2991.75 3031.50

15-Feb-11 2871.25 3014.25 3047.75 3095.00

28-Feb-11 2854.75 2873.50 2914.00 2959.00

15-Mar-11 2683.75 2701.25 2739.25 2782.00 2819.00

31-Mar-11 2568.00 2687.00 2738.25 2787.00 2825.00

146

SPOT & FUTURES PRICES OF CHANA AT ACE AHMEDABAD

`. PER 100 KG



27-Oct-10 2371.50 2436.00 2468.00

30-Oct-10 2346.00 2441.00 2474.00

15-Nov-10 2375.00 2435.00 2484.50 2474.00

30-Nov-10 2521.50 2547.00 2602.00 2566.00

15-Dec-10 2452.50 2495.50 2546.50 2556.50 2489.00

31-Dec-10 2438.50 2549.50 2553.00 2487.50

15-Jan-11 2550.00 2591.50 2644.50 2619.50 2660.00

31-Jan-11 2646.50 2615.50 2662.00 2714.00

15-Feb-11 2600.00 2580.00 2637.50 2735.00 2814.00

28-Feb-11 2525.50 2468.00 2585.00 2657.00 2729.00

15-Mar-11 2500.00 2418.00 2507.50 2558.50 2615.50 2673.50

31-Mar-11 2291.50 2383.00 2430.50 2473.00 2536.00

147

Spot and future prices of Soy oil at NBOT.,Indore

Price - ` In 10 KG

Future closing prices for contract expiring on Date Spot

Apr-10 May-10 Jun-10 Jul-10 Aug-10 Sep-10 Oct-10 Nov-10 Dec-10 Jan-11 Feb-11 Mar-11 Apr-11 May-11

31-Mar-10 451.00 447.80 449.30

1-Apr-10 446.30 446.80 447.30

15-Apr-10 444.60 444.60 449.00

30-Apr-10 447.30 449.20 453.30

15-May-10 446.00 446.00 442.90

31-May-10 450.40 449.50 451.60

15-Jun-10 438.10 438.00 441.20

30-Jun-10 442.00 442.90 446.50

15-Jul-10 453.50 451.90 460.00 467.00

31-Jul-10 481.00 489.00 495.00

14-Aug-10 510.00 510.00 519.00 517.00

31-Aug-10 486.70 485.50 486.20

15-Sep-10 471.30 475.70 478.00 480.20

30-Sep-10 481.40 486.00 493.50

15-Oct-10 515.50 515.50 522.30

30-Oct-10 519.20 530.00 541.20

15-Nov-10 554.30 556.60 578.40 586.00

30-Nov-10 559.60 567.20 579.80

15-Dec-10 576.50 577.30 597.70

31-Dec-10 624.80 627.60 641.50

15-Jan-11 630.30 630.20 643.10 650.50

31-Jan-11 640.50 655.50 667.90

15-Feb-11 628.60 631.70 651.10

28-Feb-11 631.00 626.20

15-Mar-11 601.90 604.20 605.40

31-Mar-11 590.00 597.50 607.80

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